Gulf International Bank’s (GIB) latest bond issue met with strong demand as the bank priced its senior unsecured SR2 billion ($533 million) five-year Floating Rate Notes issuance at a spread of 140 basis points above three-month SAIBOR.
Gulf International Bank has posted a net income after tax of $90.4 million for 2015, compared to $85.6 million in the prior year, representing a 5.6 per cent year-on-year increase.
Total income at $308 million was $50.4 million or
Gulf International Bank (GIB), a Bahrain-based pan-GCC universal bank, has announced its Emerging Markets Opportunities Fund (EMOF) has won Credit Specialist award at Alternative (Alt) Credit Intelligence European Performance Awards held in Lond
Gulf International Bank’s (GIB) credit ratings have been recently affirmed by both international credit rating agencies Moody’s and Fitch.
Fitch affirmed GIB's long term credit rating at 'A' with a stable o
Bahrain-based Gulf International Bank (GIB) has launched the trial phase of its retail banking services in Saudi Arabia under the brand name, ‘meem.’
The bank aims to provide services to the retail banking sector using
Bahrain-based Gulf International Bank (GIB) has announced the successful completion of a senior unsecured two billion Saudi riyal ($533 million) five-year floating rate notes issuance.
The notes were issued at a spread of 72.5 bas
Gulf International Bank (GIB) reported consolidated net income after tax of $29.1 million for the first quarter of this year, a 9.8 per cent increase over the same period last year.
Total income at $67.1 million was $3 million or
Fitch Ratings has affirmed Gulf International Bank's (GIB) long-term issuer default rating (IDR) at 'A' and the viability rating at 'bbb-'. The outlook on the long-term IDR is stable.
GIB's ratings "re
Bahrain-based Gulf International Bank (GIB), one of the longest established financial institutions in the kingdom, has unveiled plans to expand across the region by launching a retail banking network.
The investment bank plans to