GIB

Press Releases

GIB Reports Consistent Growth with $126.4 Million Net Profit Attributable to Shareholders

In the third quarter of 2024, the net profit attributable to shareholders was $37.9 million, reflecting an 8% decrease from $41.2 million in the same period last year.

Read more 14.11.2024

GIB Saudi Arabia Enhances Payment Solutions by Joining the Buna Platform

Gulf International Bank - Saudi Arabia (GIB Saudi Arabia) has announced its integration with Buna, a cross-border and multi-currency payment platform managed by the Arab Regional Payments Clearing and Settlement Organization (ARPCSO) which is owned by the Arab Monetary Fund (AMF).

Read more 11.11.2024

Gulf International Bank Saudi Arabia Signs Agreement to Provide Financing to Altakassusi Alliance Medical

Gulf International Bank - Saudi Arabia today announced that it has signed an agreement with Altakassusi Alliance Medical (AAM), a leading regional diagnostic imaging company, to provide financing for the first privatization and partnership project between the private sector and Saudi Arabia’s Ministry of Health. 

Read more 14.10.2024

GIB Saudi Arabia Signs Partnership with Saudi Cancer Foundation

Gulf International Bank-Saudi Arabia (GIB-Saudi Arabia) has announced a new partnership with the Saudi Cancer Foundation to spread cancer awareness and support the society in providing necessary care for cancer patients in the Eastern Province. 

Read more 09.10.2024

Gulf International Bank B.S.C. Supports Down Syndrome Care Center

Gulf International Bank B.S.C. has announced new support for the Down Syndrome Care Center, affiliated with the Bahrain Down Syndrome Society, by providing a dedicated section for motor rehabilitation and early intervention.

Read more 03.10.2024

GIB Saudi Arabia Announces Silver Sponsorship of 24 Fintech 2024 in Riyadh

Gulf International Bank - Saudi Arabia today announced its Silver Sponsorship of 24 Fintech 2024, Saudi Arabia's flagship fintech event, set to take place at the Riyadh Front Exhibition & Conference Center from 3rd to 5th September 2024.

Read more 01.09.2024

Gulf International Bank B.S.C. Receives Ratings Affirmation from Capital Intelligence

Gulf International Bank B.S.C. announced that Capital Intelligence Ratings (“CI”) has affirmed its Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) at ‘A+’ and ‘A1’, respectively.

Read more 21.08.2024

Gulf International Bank Employees Volunteer at Kayan Rehabilitation Center

Gulf International Bank B.S.C. (GIB) employees volunteered at the Kayan Rehabilitation Center, a leading Bahraini speciality school dedicated to supporting children with autism.

Read more 18.08.2024

GIB REPORTS NOTABLE GROWTH AND STRATEGIC SUCCESS WITH NET PROFIT ATTRIBUTABLE TO THE SHAREHOLDERS OF THE BANK OF $88.5 MILLION IN THE FIRST HALF

In the second quarter of 2024, the Bank demonstrated a robust growth trajectory, successfully navigating competitive market conditions and achieving its strategic goals.

Read more 06.08.2024

GULF INTERNATIONAL BANK APPOINTS VICTORIA BARRON AS CHIEF SUSTAINABILITY OFFICER

GIB Asset Management UK (GIB AM) part of the Gulf International Bank Group (GIB) today announced Victoria Barron's appointment as Chief Sustainability Officer.

Read more 05.08.2024

Gulf International Bank B.S.C. Issues Sustainability Report

Gulf International Bank B.S.C. (GIB) published the Bank’s groupwide Sustainability Report demonstrating GIB’s commitment to sustainable growth and performance against Environmental, Social and Governance indicators

Read more 08.07.2024

GIB SUCCESSFULLY ISSUES US$500 MILLION FIVE-YEAR BOND UNDER ITS EURO MEDIUM TERM NOTE (EMTN) PROGRAMME

Offering achieves milestone pricing for the Bank and receives strong interest from regional and international investors.
 

Read more 30.06.2024

Gulf International Bank Secures Four Honours at EMEA Finance Annual Achievement Awards 2023

Gulf International Bank B.S.C. (GIB) today announced that it has been honoured with four wins at the EMEA Finance Annual Achievement Awards 2023, which recognise the leading capital markets deals and the banks behind them across Europe, the Middle East and Africa. 

Read more 27.06.2024

Gulf International Bank Participates as Gold Sponsor at Bonds, Loans & Sukuk Middle East 2024

Gulf International Bank B.S.C. (GIB) announces its participation at Bonds, Loans & Sukuk Middle East 2024 as a Gold Sponsor.

Read more 02.06.2024

Gulf International Bank Participates at GTR Saudi Arabia 2024

Gulf International Bank - Saudi Arabia took part in the GTR Saudi Arabia 2024 as a Gold Sponsor.

Read more 29.05.2024

Gulf International Bank Supports Tree Planting in Seef District

Gulf International Bank (GIB) continues its support of the National Initiative for the Agricultural Development’s (NIAD) national afforestation campaign.

Read more 26.05.2024

GULF INTERNATIONAL BANK RECORDS STRONG FIRST QUARTER RESULTS

Gulf International Bank B.S.C. (GIB) recorded a net profit of $47.5 million attributable to the bank's shareholders in the first quarter of 2024, compared to $47.8 million in the corresponding period last year, change of 0.6%.

Read more 14.05.2024

GIB Hosts Third GIB Executive Forum Webinar with David Rubenstein

Gulf International Bank B.S.C. announces the successful hosting of its third exclusive GIB Executive Forum Webinar under the theme “Navigating the Age of Uncertainty”.

Read more 28.03.2024

GIB Hosts Second Successful Ramadhan Padel Tournament for Corporates and Financial Institutions

Gulf International Bank B.S.C. (GIB) recently organised its Second Ramadhan Padel Tournament for Corporates and Financial Institutions.

Read more 21.03.2024

GULF INTERNATIONAL BANK B.S.C. APPOINTS YASEEN AL LAWATI AS HEAD OF OMAN BRANCH

Gulf International Bank B.S.C. (GIB) announced the appointment of Yaseen Al Lawati as the Branch Manager for GIB Oman, the Bank’s newly established branch in Muscat, which provides comprehensive wholesale banking solutions to a growing number of corporates, financial institutions, and government clients across the Sultanate.

Read more 17.03.2024

GULF INTERNATIONAL BANK B.S.C. LAUNCHES ITS WHOLESALE BANKING BRANCH IN THE SULTANATE OF OMAN

Gulf International Bank B.S.C. (GIB) celebrated the official launch of its wholesale banking branch in Muscat, another milestone in the Group’s GCC expansion strategy and further commitment to the Sultanate of Oman as a core target market for the GIB Group.

Read more 07.03.2024

GULF INTERNATIONAL BANK ANNOUNCES NEW SENIOR LEADERSHIP APPOINTMENTS IN SAUDI ARABIA AND BAHRAIN

- Khaled Abbas appointed as CEO, GIB Saudi Arabia -

- Sara Abdulhadi appointed as CEO, GIB B.S.C. -

Read more 28.02.2024

GULF INTERNATIONAL BANK REPORTS RECORD FINANCIAL RESULTS MARKING 78% INCREASE IN NET PROFIT ATTRIBUTABLE TO THE SHAREHOLDERS OF THE BANK

In the fourth quarter of 2023, the net income attributable to the Shareholders of the Bank was $17.6 million, compared to $28.0 million in the same period of the preceding year, a 37% slimdown. Fourth quarter’s results are primarily driven by 16% surge in net interest income propelled by effective management of the balance sheet, widened balance sheet spreads, and favourable interest rates conditions.

Read more 28.02.2024

Gulf International Bank Hosts Inaugural Rowad Awards Gala Dinner Honouring Long-Serving Employees and Rowad Award Winners

Gulf International Bank (GIB) today announced that it has hosted the first Rowad Awards Gala Dinner at the Ritz-Carlton Bahrain, honouring its long-serving employees and Rowad Award winners. 

Read more 28.01.2024

Gulf International Bank B.S.C (GIB) releases its first Taskforce for Climate-related Financial Disclosure (TCFD) Report

In line with the recommendations of the Taskforce for Climate-related Financial Disclosure (TCFD), Gulf International Bank B.S.C. (GIB) issued its first TCFD report where it provides information on its governance, strategy, risk management and the metrics and targets it uses in climate-related activities.  

Read more 21.01.2024

GULF INTERNATIONAL BANK – SAUDI ARABIA CONTINUES ITS PARTNERSHIP WITH THE SAUDI FUTURE MINERALS FORUM AS PLATINUM SPONSORS

Gulf International Bank – Saudi Arabia (GIB) today announced that it is a Platinum Sponsor of the Future Minerals Forum 2024 for a third year, during 9-11 January 2024 at the King Abdulaziz International Conference Centre in Riyadh.

Read more 12.01.2024

Bapco Energies Boosts Bahrain's Financial Landscape with Inaugural ESG-Linked Interest Rate Swap

Bapco Energies, the integrated energy company leading the energy transition in the Kingdom of Bahrain, has announced the first ESG-linked Interest Rate Swap (IRS) in the Kingdom.

Read more 03.01.2024
Gulf International Bank B.S.C. Licensed by the Central Bank of Bahrain as a local Conventional Wholesale Bank and as a Conventional Retail Bank (branch) C.R. 4660