Press Releases

meem by GIB wins 2019 Global Banking & Finance awards for best Shariah Digital Bank, KSA and most Innovative Digital Banking initiative, Bahrain

meem, the retail banking arm of Gulf International Bank (GIB), has won two industry accolades from the Global Banking & Finance Awards® having been named Best Shariah Compliant Digital Bank KSA 2019 and Most Innovative Digital Banking Initiative Bahrain 2019.

Read more 28.07.2019

GIB Saudi Arabia receives first rating from Fitch at BBB+'; Outlook Stable

Gulf International Bank Saudi Arabia (GIB Saudi Arabia) announced that it has received its first rating from the international agency, Fitch Ratings, which assigned the Bank a Long-Term Issuer Default Rating (IDR) of 'BBB+' with the Outlook at Stable, Other ratings included a Short-Term IDR at ‘F2’, Support Rating at ‘2’ and Support Rating Floor at ‘BBB+’. These are the same as the ratings of the parent bank Gulf International Bank B.S.C.

Read more 21.07.2019

GIB opens its largest meem retail banking branch in Riyadh

Riyadh, 15 July 2019:  As part of its strategy to provide innovative and fully integrated digital services to its customers in line with Saudi Arabia’s Vision 2030, Gulf International Bank (GIB) opened its largest meem retail banking branch in Riyadh on Monday 15 July. The branch was opened by GIB Chief Executive Officer, Abdulaziz Al-Helaissi.

Read more 17.07.2019

GIB Graduate Programme Launch 2019

As part of its strategy to attract the brightest and the best, Gulf International Bank Saudi Arabia launched its 2019 graduate programme by inviting a selected group of university graduates to attend a ‘Getting to Know You Day’ at the Kempinski Al Othman Hotel in Al Khobar. GIB has renamed the programme, in its fifth year, as the ‘Jammaz Al-Suhaimi Graduate Programme’ to commemorate its late chairman. 

Read more 08.07.2019

Gulf International Bank completes conversion of its Saudi branches into a local Saudi Bank

Gulf International Bank (GIB) today announced that it has successfully completed the conversion of its existing branches in the Kingdom of Saudi Arabia into a locally incorporated bank. This is the first time that a foreign bank in Saudi Arabia has become locally incorporated.

Read more 21.04.2019

الأمير سعود بن نايف يستقبل وفداً من بنك الخليج الدولي

استقبل صاحب السمو الملكي الأمير سعود بن نايف بن عبدالعزيز أمير المنطقة الشرقية في مكتبه بديوان الإمارة اليوم, رئيس مجلس إدارة مجموعة بنك الخليج الدولي الدكتور عبدالله بن حسن العبدالقادر، ونائب رئيس مجلس الإدارة عبدالله بن محمد الزامل، والرئيس التنفيذي للمجموعة عبدالعزيز بن عبدالرحمن الحليسي، والرئيس التنفيذي للعمليات مشاري بن فيصل العتيبي.

Read more 18.03.2019

Gulf International Bank reports 2018 financial results

Gulf International Bank B.S.C. (GIB) today announced its financial results for the full year ended 31st December 2018. Net income before provisions and tax for the year increased by 11% to $133.1 million compared to $120.3 million in the prior year, reflecting continued growth and higher contributions from the Bank’s diversified business lines.

Read more 27.02.2019

Tadawul Celebrates “GIB Capital” Market Membership

The Saudi Stock Exchange (Tadawul) today welcomed GIB Capital as a member. Marking the milestone, a ceremony was hosted at Tadawul’s headquarters in Riyadh, which was attended by Eng. Khalid Abdullah Al Hussan, CEO of Tadawul and Mr. Osamah Mohammed Shaker, CEO and Board member of GIB Capital, in the presence of senior executives from both companies.

Read more 17.02.2019

Gulf International Bank is Golf Partner for the Saudi International powered by SBIA

Gulf International Bank (GIB) is the golf partner of the inaugural Saudi International powered by SBIA. The tournament marks the first time the European Tour is being held in the Kingdom, where the third leg of the prestigious ‘Middle East Swing’ is being played.

Read more 03.02.2019