Gulf International Bank B.S.C. (GIB) reported a net profit of $7.9 million for the first quarter of 2021 attributable to the shareholders of the parent, compared to a loss of $47.4 million in the prior year period. The consolidated GIB Group achieved a net profit of $14.1 million compared to a loss of $60.5 million… Read More »
GIB provides diverse financial products, services and bespoke banking solutions to a wide client base in the GCC, Europe and North America. This includes corporate, institutional, global transaction and investment banking; treasury and asset management; and meem, the world’s first fully-digital Shariah-compliant retail bank. MANAGEMENT Group Chief Executive Officer & Board Member Abdulaziz A. Al-Helaissi… Read More »
Gulf International Bank B.S.C. (GIB) was established in the Kingdom of Bahrain in 1975, and commenced operations in 1976. GIB opened its first representative office in London in 1978, upgrading it to full branch status in 1979. In 1980, it opened a New York office – the first US branch of any Arab bank. During the… Read More »
A SWIFT code sometimes also called a SWIFT number is a standard format for Business Identifier Codes (BIC). Banks and financial institutions use them to identify themselves globally. It says who and where they are a sort of international bank code or ID. These codes are used when transferring money between banks, particularly for international money… Read More »
Mr. Rajeev Kakar is a seasoned banker, business founder, entrepreneur, and Corporate Board Member with over three decades of global banking experience and expertise in financial services, especially in Emerging Local Corporate/Commercial/MSME/Retail Banking, across multiple countries globally with focus on high-growth emerging markets in the Asia Pacific/China, Europe, Indian Sub-Continent, MENA/GCC, and Central/Eastern Europe regions. … Read More »
Ralph is the Chief Financial Officer of Gulf International Bank (UK) Limited and has overall responsibility for the firm’s finances and financial strength. Prior to joining GIB UK, he served various roles at Martin Currie Investment Management for over 15 years, latterly as the Chief Financial Officer. Prior to that he was a Finance Director… Read More »
FITCH AFFIRMS GIB’S LONG-TERM CREDIT RATING AT ‘A’ The international credit rating agency, 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.Fitch issued a public statement explaining that GIB’s ratings “are driven by Fitch’s… Read More »
GULF INTERNATIONAL BANK REPORTS NET PROFIT OF $37.9 MILLION ATTRIBUTABLE TO SHAREHOLDERS Gulf International Bank (“GIB”) announces its year ended 31st December 2021 financial results. The fourth quarter of 2021 recorded a marginal net loss attributable to the Shareholders of the Bank of $1 million, compared to a loss of $104.3 million which represents 99% improvement in… Read More »
Gulf International Bank B.S.C. (GIB) reported a net profit of $7.9 million for the first quarter of 2021 attributable to the shareholders of the parent, compared to a loss of $47.4 million in the prior year period. The consolidated GIB Group achieved a net profit of $14.1 million compared to a loss of $60.5 million… Read More »
GIB provides diverse financial products, services, and bespoke banking solutions to a wide client base in the GCC, Europe, and North America. This includes corporate, institutional, global transaction, and investment banking; treasury and asset management; and meem, the world’s first fully-digital Shariah-compliant retail bank. 2022 2022 Financials Q1 Financial Statement 2022 Download PDF Q2 Financial… Read More »