Wednesday 7 December 2016
 
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Gulf International Bank

Gulf International Bank launches new corporate identity

Gulf International Bank (GIB), a pan-GCC universal bank that specialises in corporate and investment banking, has unveiled its new corporate identity to mark 40 years of its success. GIB is owned by the governments of the six Gulf

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GIB sponsors Riyadh aviation summit

Gulf International Bank (GIB) has announced its sponsorship of the Global Ministerial Aviation (GMA) Summit in Riyadh, Saudi Arabia set to take place on August 29-31 at the Ritz Carlton. The summit is held under the patronage of T

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GIB raises $533m via bond issue

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.

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GIB 2015 net profit up 5.6pc to $90.4m

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

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GIB’s emerging markets fund wins major award

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

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Moody's, Fitch affirm GIB credit ratings

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

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GIB launches new retail banking services in Saudi

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

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GIB raises $533m with bond issue

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

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GIB net income surges 9.8pc to $29m

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

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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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