GFH Financial Group (GFH), a leading regional financial services group, has been recognised as the ‘Best Investment Bank – Bahrain’ at the 2016 Banker Middle East Industry Awards.

The results were determined by an online poll by the registered readers of Banker Middle East, Islamic Business & Finance, Finance ME, Wealth Arabia and the CPI Financial portal. The award was received on behalf of the Group by the acting head of Wealth Management Mohammed Abdulmalik and executive director Mohammed Khonji.

The Banker Middle East Industry Awards is the region’s leading annual banking and financial awards event. This year there were a total of 62 award categories for which 200 institutions competed as nominees across the region. The awards cover a wide range of financial services including retail, corporate, investment, private banking, asset management, fund management, finance companies and consultancy practices.

GFH’s commercial banking arm, Khaleeji Commercial Bank (“KHCB”) has also been recognized as “Fastest Growing Bank in Bahrain” following its outstanding financial results for the financial year 2015, by declaring a net profit attributable to the owners of the bank of $18.6 million as compared to $8.2 million recorded in 2014, showing an increase of 126 per cent. – TradeArabia News Service