Profile

Gulf International Bank began operating in Saudi Arabia in 1999 as a foreign bank, providing wholesale and investment banking services. In 2019 GIB became the first foreign domiciled bank to establish a local commercial bank in the Kingdom with the conversion of its existing branches into a fully-fledged bank, Gulf International Bank - Saudi Arabia (GIB Saudi Arabia).

GIB Saudi Arabia is headquartered in Al Khobar and has branches in Riyadh and Jeddah with Riyadh-based GIB Capital delivering the Bank’s investment banking activities.

GIB Saudi Arabia provides diverse financial products, services and bespoke banking solutions to a wide client base. 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. GIB’s services are delivered across the GCC and international markets through GIB B.S.C. in Bahrain, the UAE and Oman; and GIB (UK) Ltd. in London and New York.

GIB Saudi Arabia is owned equally by the Saudi Public Investment Fund and Gulf International Bank B.S.C., with a paid-up capital of SAR 7.5 billion.