Friday 18 April 2014
 
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Gulf International Bank

Fitch affirms stable rating for GIB

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

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Gulf International Bank gets ratings upgrade

Standard & Poors (S&P) has upgraded Gulf International Bank's (GIB) stand-alone credit profile to 'BBB' from 'BBB-' and it's rating outlook to positive from stable, said a report. GIB is owned by th

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GIB planning major regional expansion

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

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GIB net profit rises 4.5pc in H1, tops $60m

Bahrain-based Gulf International Bank (GIB) has reported consolidated net income after tax of $60.6 million for the first half of the year, marking an increase of 4.5 per cent on the previous year period. Net income after tax in t

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GIB wins key currency ratings from agency

Bahrain-based Gulf International Bank's (GIB) long-term and short-term foreign currency ratings have been affirmed at 'A' and 'A1' respectively by Capital Intelligence (CI). The international credit rating agen

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GIB nets $26.5m income in Q1

Gulf International Bank (GIB) has reported consolidated net income of $26.5 million for the three months ended March 31 as against $31.8m in the prior year period. Total income at $64.1 million was $2.3 million or four per cent up on

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GIB gets stable outlook from Fitch

Fitch Ratings has affirmed Gulf International Bank's (GIB) long-term issuer default rating (IDR) at 'A' and viability rating (VR) at 'bbb-' and said its outlook on the long-term IDR was stable. The agency said

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GIB posts 13pc jump in 2012 profit

Bahrain-based Gulf International Bank (GIB) has registered a net profit of $117.9 million for 2012, up 13 per cent over the previous year with year-on-year increases recorded in all income categories. A leading bank in the Middle

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Gulf International Bank launches $500m bond

Bahrain-based Gulf International Bank (GIB), which is majority owned by the Saudi Arabian government, said it has launched a $500 million five-year bond under its $4 billion Euro Medium Term Note Programme. The notes were issued a

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Ratings boost for Gulf International Bank

International credit rating agency Moody’s Investors Service has reaffirmed bahrain-based Gulf International Bank’s (GIB) long-term and short-term foreign currency deposit ratings of A3 and P-2 respectively. GIB’

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