Press Releases
GULF INTERNATIONAL BANK REPORTS 2025 FIRST QUARTER RESULTS
Amid a challenging market environment marked by heightened volatility and declining trading income due to trade tariffs, Gulf International Bank achieved net profit attributable to shareholders of $48.0 million for the first quarter of 2025. This reflects a 1% increase from $47.5 million in the same period last year.
Read more 14.05.2025GIB Group and Stanhope Capital Group Announce Strategic Partnership to Offer Wealth Advisory Services in the GCC Region
Gulf International Bank Group (“GIB Group”), a pan-GCC universal banking group, and Stanhope Capital Group (“Stanhope”), one of the world’s leading independent global wealth management firms, announced that they have entered into an agreement to offer wealth advisory services to institutional and qualified private clients in the GCC region.
Read more 29.04.2025GIB Becomes Official Sponsor of Saudi Professional Golfer Faisal Salhab
Gulf International Bank today announced its official sponsorship of Saudi professional golfer Faisal Salhab, underscoring the Bank’s commitment to supporting professional sports both locally and internationally.
Read more 27.04.2025GIB and Morooj Announce Strategic Partnership to Plant 21,000 Mangrove Trees in the Eastern Province
Gulf International Bank - Saudi Arabia (GIB Saudi Arabia) today announced the signing of a strategic partnership with the Vegetation Cover Development Foundation, Morooj, committing SAR 900,000 over three years to support the planting of more than 21,000 mangrove trees in the Eastern Province.
Read more 22.04.2025Gulf International Bank Group Wins Seven Awards at EMEA Finance Middle East Banking Awards 2024
Gulf International Bank (GIB) won seven prestigious awards at the EMEA Finance Middle East Banking Awards 2024.
Read more 19.03.2025GIB Concludes Third Successful Ramadan Padel Tournament
Gulf International Bank (GIB) recently hosted its third annual Ramadan Padel Tournament, reinforcing its continued commitment to promoting sports and fostering connections within the financial and corporate institutions.
Read more 13.03.2025GIB to Host Third Annual Ramadan Padel Tournament
As part of its commitment to promoting sports activities and strengthen relationships among the banks, corporate institutions and companies, Gulf International Bank (GIB) will host its third annual Ramadan Padel Tournament for banks, financial institutions, and companies in the Kingdom of Bahrain.
Read more 04.03.2025GIB Reports $134.8 Million Net Profit Attributable to Shareholders
In the fourth quarter of 2024, the net profit attributable to shareholders was $8.4 million, representing a 52% drop from $17.6 million in the same period last year. Fourth quarter’s results are primarily driven by a surge of $19.6 million in core income including fees and commission income, foreign exchange income and other income on one hand, offset by $30.1 million drop in market driven trading income.
Read more 27.02.2025Gulf International Bank’s Eighth ‘GIB Golf Cup’ Successfully Concludes in Riyadh
Gulf International Bank (GIB – Saudi Arabia) successfully concluded its 8th edition ‘GIB Golf Cup 2025’ at Dirab Golf & Country Club held Recently in Riyadh. The tournament saw Benjamin Santuyo and Michael White emerge as the champions with a score of 61.
Read more 13.02.2025