Principal Activities
Provides conventional and Islamic investment banking services including corporate finance and investment advisory on mergers and acquisitions, initial public offering and underwriting; conventional and Islamic commercial banking services including deposits and loans; private equity investments.
Date of Establishment Year
1975 (November)
No of Employees
440 Company, N/A Group (As of Sep 06, 2011)
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Address:
Al Dowali Building 3 Palace Avenue Diplomatic Area P.O. Box 1017 Manama Capital Bahrain Tel: +973 17-534000 Fax: +973 17-522633 Website:
www.gibonline.com
Subscription Period:
2011
Sukuk Name:
Gulf International Bank Sukuk
Type of Structure:
Murabaha
Issue Size (mil):
USD 300.00
Acquistion
Status
Complete
Acquirer
Target
Announcement Date
23 Sep 2008
Closing Date
23 Sep 2008
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The Bahrain-based Gulf International Bank (GIB) provides conventional and Islamic investment banking services including corporate finance and investment advisory on mergers and acquisitions, initial public offerings and underwriting; the bank’s conventional and Islamic commercial banking services include deposits and loans and private equity investments in various sectors. GIB CapitalGIB Capital , formerly known as GIB Financial Services, is a subsidiary based in Saudi Arabia that provides Islamic and conventional investment banking services, including corporate finance and investment advisory on mergers and acquisitions, initial public offering and underwriting and Islamic and conventional private equity investments in various sectors. GIB is one of the top investment banks in Bahrain, in terms of total revenues and total assets for 2010. Its total revenues decreased by 40.08% to BHD353.7 million (USD934.2 million), while net profits increased by 171.49% to BHD109 million (USD288 million), in 2010.
Direct Investments and Related Entities  |
| Subsidiaries/Associates/Affiliates |
|
|
|
|
| GIB Capital |
Saudi Arabia |
100.00% |
| GIB Capital Investments |
United Kingdom |
100.00% |
| GIB Investment |
Bahrain |
100.00% |
| Gulf International Bank - Saudi Arabia |
Saudi Arabia |
100.00% |
|
| Investments |
|
|
| Financial Results |
31-Dec-09 |
31-Dec-10 |
Yr on Yr |
| |
USD'000 |
USD'000 |
change (%) |
Total revenues  |
590,300
|
353,700
|
(40.08) |
Net profit  |
(152,600)
|
109,100
|
171.49 |
| Total assets |
16,207,700
|
15,527,700
|
(4.20) |
| Paid-up capital |
2,500,000
|
2,500,000
|
0.00 |
| Shareholders' Equity |
1,779,400
|
1,918,000
|
7.79 |
| Shares outstanding |
2,500,000
|
2,500,000
|
0.00 |
| » View Full Financials |
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