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GIB nets $26.5m income in Q1Gulf International Bank (GIB) has reported consolidated net income of $26.5 million for the three months ended March 31 as against $31.8m in the prior year period. Total income at $64.1 million was $2.3 million or four per cent up on More… |
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GIB gets stable outlook from FitchFitch Ratings has affirmed Gulf International Bank's (GIB) long-term issuer default rating (IDR) at 'A' and viability rating (VR) at 'bbb-' and said its outlook on the long-term IDR was stable. The agency said More… |
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GIB posts 13pc jump in 2012 profitBahrain-based Gulf International Bank (GIB) has registered a net profit of $117.9 million for 2012, up 13 per cent over the previous year with year-on-year increases recorded in all income categories. A leading bank in the Middle More… |
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Gulf International Bank launches $500m bondBahrain-based Gulf International Bank (GIB), which is majority owned by the Saudi Arabian government, said it has launched a $500 million five-year bond under its $4 billion Euro Medium Term Note Programme. The notes were issued a More… |
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Ratings boost for Gulf International BankInternational credit rating agency Moody’s Investors Service has reaffirmed bahrain-based Gulf International Bank’s (GIB) long-term and short-term foreign currency deposit ratings of A3 and P-2 respectively. GIB’ More… |
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GIB picks banks for dollar bondBahrain-based Gulf International Bank has mandated banks to arrange a dollar-denominated bond, planned before the end of the month, four sources familiar with the matter said on Sunday. GIB, majority-owned by the Saudi Arabia gove More… |
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Gulf International Bank net up 15pcBahrain-based Gulf International Bank (GIB) said its consolidated net profit for the nine months ended September 30 soared to $97 million, thus registering a 15 per cent (or $12.4 million) growth over the same period last year. An More… |
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GIB receives top magazine awardBahrain-based Gulf International Bank (GIB) has been named the ‘Most Innovative Investment Bank from the Middle East 2012’ by The Banker magazine, at a recent ceremony held in London. The magazine’s key criteria More… |
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Top agency reaffirms GIB currency ratingsBahrain-based Gulf International Bank's (GIB) long-term and short-term foreign currency ratings have been reaffirmed by Capital Intelligence at A and A1 respectively, while the bank's financial strength rating is also maintained at BBB+. A More… |
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Saudi Euromoney opens in RiyadhThe Euromoney Saudi Arabia Conference 2012 opened today (May 22) in Riyadh amid political change and economic instability in Europe fanning fears of an economic blaze that could affect the Middle East. Now in its seventh consecutive year, More… |
