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09/06/2014

Comment on News Item Published in "Al-Qabas" Newspaper on 9/6/2014

In comment on the news item published by "Al-Qabas" newspaper, in its issue of 9/6/2014, covering announcement by Capital Intelligence Credit Rating Agency that they have upgraded Gulf Bank's financial strength rating to bbb-, with stable outlook.We would like to advise you that this news item has not been issued or solicited by our bank,, and that Capital Intelligence, has voluntarily rated Gulf Bank without the latter soliciting the same. Hence, we have not comment on what has been published in this regard.

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