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Gulf Bank is a Kuwaiti bank established in 1960 by 12 merchants. It started from a residential apartment with a capital of 24 million rupees, equivalent to 1.8 million Kuwaiti dinars, and in 1961 work began on the design of the headquarters, which is considered one of the most important landmarks. Kuwait City and the value of its assets amounted to more than 6 billion Kuwaiti dinars, as it provides various banking services through the branch network that reached 59 branches and 300 ATMs.