GIB picks banks for possible dollar bondGulf International Bank (GIB), majority owned by the Saudi Arabian government, has picked six banks to arrange investor meetings ahead of a potential benchmark-sized, dollar-denominated bond, lead arrangers said on Tuesday. More… |
Top agency reaffirms GIB currency ratingsBahrain-based Gulf International Bank's (GIB) long-term and short-term foreign currency ratings have been reaffirmed by Capital Intelligence at A and A1 respectively, while the bank's financial strength rating is also maintained at BBB+. A More… |
GIB sets up $1.1bn Malaysia sukuk programmeGulf International Bank (GIB) has announced the establishment of a Malaysian ringgit 3.5 billion ($1.11 billion) Sukuk Al-Wakalah medium-term note (MTN) programme in Malaysia. The Islamic MTN programme is based on the Shariah princi More… |
Maybank, GIB arrange $2.27bn for BinladinThe investment banking arm of Malayan Banking and Bahrain's Gulf International Bank have arranged an 8.5 billion Saudi riyal ($2.27 billion) Islamic financing facility for Saudi Binladin Group Limited, the Malaysian bank said on Thursday. More… |
GIB completes sukuk pricingGulf Inter-national Bank (GIB) has completed the pricing and closing of a three-year $300 million Sukuk Al Murabaha private placement. The sukuk certificates will pay a profit rate of six-month US dollar Libor plus 130 base points on a sem More… |
GIB arranges $2.6bn for Saudi BinladinSaudi Binladin Group (SBG) has signed a SR8.5 billion ($2.266 billion) financing facility with a consortium of banks led by Gulf International Bank (GIB) for the expansion and development of King Abdulaziz International Airport (KAIA) in Jeddah. More… |
GIB Financial Services changes nameGIB Financial Services (GIBFS), the investment banking arm of Gulf International Bank (GIB) in Saudi Arabia, has rebranded its name to “GIB Capital.” The name change will be effective immediately, the company said. The rebranding More… |
GIB unit to organise $130m IPOGIB Financial Services, a subsidiary of Gulf International Bank (GIB), will organise the initial public offering (IPO) of SR489.5 million ($130m) of a major Saudi Arabia-based cement company. Shares of Saudi Arabia's Hail Cement Compan More… |
GIB boost as agency affirms key ratingInternational credit rating agency Moody's Investors Service has affirmed Bahrain-based Gulf International Bank's (GIB) long-term foreign currency deposit rating of A3 with a negative outlook. GIB's short-term rating remains unchanged at P More… |
GIB posts $62m H1 profit, up 11pcBahrain-based Gulf International Bank (GIB) has reported net income after tax of $62.4 million for the six months ended June 30, marking an 11 per cent increase on the comparable period of last year. Net income after tax in the second quar More… |








