GIB

Profile

GIB is owned by the governments of the six Gulf Cooperation Council countries, with Saudi Arabia’s Public Investment Fund being the main shareholder.

 

GIB, the Gulf’s international bank, helps its clients thrive by working together to realise ambitions. It brings and activates insightful ideas that enable progress. GIB aims to be the preferred financial services partner, delivering bespoke banking solutions to a wide customer base in the region and beyond. This includes corporate banking, asset management, debt and equity capital market services, financial advisory services, mergers and acquisitions, and the world’s first Shariah compliant digital retail banking service, meem by GIB.

 

In addition to its main subsidiaries, London-based GIB (UK) Ltd., and Riyadh-based GIB Capital LLC, it has branches in London, New York, Abu Dhabi, Dhahran, Riyadh and Jeddah with a representative office in Dubai. 

 

In a bid to become nearer to its client base in KSA and more efficient in providing better services, GIB announced in May 2017 that it was the first non-Saudi bank to be granted a local commercial banking licence in the Kingdom of Saudi Arabia.