Gulf Bank Set for MSCI Inclusion

The transcript discusses Gulf Bank's inclusion in the MSI index, highlighting its relationship with foreign investors and its market position. It explores the economic outlook in Kuwait, focusing on rising interest rates and high oil prices, which are expected to positively impact the bank's earnings. The potential for growth through project spending, driven by government budget surpluses, is also examined. Additionally, the transcript addresses Gulf Bank's diversification strategy, emphasizing its focus on the local economy and limited exposure to the regional market. The possibility of consolidation in the banking sector is considered, though deemed unlikely due to a balanced market.

What percentage of Gulf Bank's ownership is held by foreign investors?

• 10%

• 15%

• 13%

• 20%

What are the two main economic factors affecting Kuwait's banking sector?

• Rising inflation and low oil prices

• Rising interest rates and high oil prices

• Stable interest rates and high oil prices

• Falling interest rates and low oil prices

How many interest rate hikes does Gulf Bank expect in the next year?

• Eight to ten

• Six to eight

• Four to six

• Two to four

What is the break-even oil price for Kuwait mentioned in the transcript?

• $80-$85

• $50-$55

• $60-$65

• $70-$75

What is Gulf Bank's rank in terms of market capitalization among Kuwaiti banks?

• Seventh

• Fifth

• Third

• First

What percentage of Gulf Bank's balance sheet is exposed to the GCC region?

• Less than 15%

• Less than 20%

• Less than 10%

• Less than 5%

How many banks are currently operating in Kuwait?

• Eight

• Ten

• Fourteen

• Twelve