Meem, Bahrain-based Gulf International Bank (GIB)'s first customer-designed sharia-compliant retail bank in Saudi Arabia, launched earlier this week, has its origin in the concept of ‘co-creation.’
The bank said it
Fitch Ratings has affirmed Gulf International Bank's (GIB) long-term issuer default ratings (IDRs) at 'A' and the viability rating (VR) at 'bbb-'.
The outlook for the long-term IDR is stable, said a report in
Gulf International Bank (GIB) has launched the Middle East's first online-only consumer banking business, seeking to diversify after almost collapsing during the global financial crisis and to tap into a young, tech-savvy population.
Gulf International Bank (GIB) has reported consolidated net income after tax of $72.7 million for the nine months ended September 30 this year, compared with $101.5 million in the prior year period.
The prior year income included
Bahrain's Gulf International Bank plans to issue a 2 billion Saudi riyal ($545 million) floating rate notes with a lifespan of five years through a private placement in Saudi Arabia, a prospectus showed on Sunday.
The bank man
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
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
Gulf 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.
Bahrain-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+.