GULF INTERNATIONAL BANK B.S.C
Gulf International Bank B.S.C. (GIB) is a bank incorporated in the Kingdom of Bahrain and registered with Bahrain’s Ministry of Industry, Commerce and Tourism under commercial registration number C.R. 4660. Its registered office is in Manama, Bahrain, and its registry status is currently listed as active. GIB was established in 1975 and commenced operations in 1976 as a pan-Gulf Cooperation Council (GCC) bank.
The bank is licensed and regulated by the Central Bank of Bahrain, holding licences as a conventional wholesale bank and, following a licence granted in 2017, as a conventional retail bank in Bahrain. GIB provides corporate and institutional banking, treasury and capital markets, project and structured finance, and investment banking services to clients across the GCC, Europe and North America, alongside retail banking activities in Bahrain.
GIB operates internationally through branches in the United Arab Emirates, Oman and the United States (New York), and through Gulf International Bank (UK) Limited, a London-registered subsidiary (Companies House number 01223938, incorporated 22 August 1975, formerly named Al-Bank Al-Saudi Al-Alami Limited) that provides the group’s asset-management activities. In April 2019, GIB completed the conversion of its Saudi Arabian branch network into a locally incorporated subsidiary, Gulf International Bank – Saudi Arabia (commercial registration number 2052001920), becoming the first foreign bank to locally incorporate in the Kingdom of Saudi Arabia.
For the financial year ended 31 December 2024, GIB reported consolidated total assets of approximately US$42.9 billion and consolidated net profit attributable to shareholders of US$134.8 million. For the first quarter of 2025, GIB reported net profit attributable to shareholders of the parent of approximately US$47.8 million and a Basel III total capital adequacy ratio of 15.4%, according to its own investor and results disclosures. GIB’s long-term credit ratings from Fitch and Moody’s stand at A- and A2 respectively. GIB is not listed on any stock exchange.
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Shareholders
Shareholders of GULF INTERNATIONAL BANK B.S.C
Gulf International Bank B.S.C. is jointly owned by the governments of the six Gulf Cooperation Council (GCC) states, holding their interests through sovereign investment vehicles rather than a single private shareholder register. According to GIB’s own investor and corporate disclosures, the principal shareholder is the Public Investment Fund of Saudi Arabia (PIF), reported to hold a majority stake of 97.2% of the bank’s share capital. The remaining shares are reported as held by Qatar Holding LLC (approximately 1.000%), Bahrain’s Mumtalakat Holding Company (approximately 0.774%), the Kuwait Investment Authority (approximately 0.730%) and Oman Investment Authority (approximately 0.270%), on behalf of their respective GCC governments. GIB states that the Government of Saudi Arabia, through PIF, is represented on the Board of Directors and holds a change-of-control put option should combined GCC government ownership fall below 50% plus one share. These percentages are drawn from GIB’s own corporate disclosures rather than a Bahrain company-registry shareholder filing; the registry record on file for this company does not itself list shareholder percentages.
Ultimate beneficial ownership
No natural-person ultimate beneficial owner is disclosed. Gulf International Bank B.S.C. is majority-controlled by the Public Investment Fund, the sovereign wealth fund of the Kingdom of Saudi Arabia, itself a state-owned entity rather than a natural person, with the balance held by other GCC sovereign investment vehicles.
Data availability
Shareholder disclosure for this company is major-shareholders-only: Bahrain’s commercial registry does not publish a shareholder register for this entity on the record held here, so the ownership figures above are sourced from GIB’s own investor-relations disclosures and should be read as reported by the bank rather than independently confirmed against a government filing.
Sources
- Gulf International Bank, "Profile" — https://www.gib.com/en/profile (retrieved 2026-09-10)
- Public Investment Fund, "Gulf International Bank (GIB) – KSA" — https://www.pif.gov.sa/en/our-investments/our-portfolio/gulf-international-bank-gib—ksa/ (retrieved 2026-09-10)
Officers
Directors and officers of GULF INTERNATIONAL BANK B.S.C
Gulf International Bank B.S.C. appointed a new Board of Directors for a three-year term effective 8 August 2025, comprising 11 members. Mr. Fahad bin Abduljalil AlSaif, Senior Managing Director, Global Capital Finance and Head of Investment Strategy and Economic Studies at the Public Investment Fund, was appointed Chairman. At a board meeting on 21 August 2025, H.E. Dr. Najem bin Abdullah Al Zaid, Deputy Minister of Justice of the Kingdom of Saudi Arabia, was appointed Vice-Chairman. Mr. Abdulaziz bin Abdulrahman Al-Helaissi has served as Group Chief Executive Officer since 1 February 2016 and sits on the Board in that capacity. Other board members named in GIB’s own announcement include Mr. Rajeev Kakar, Mr. Frank Schwab, Mr. Sultan bin Abdulmalek Al-Sheikh, Ms. Maram bint Ayed Al Johani, Dr. Khalid bin Dawood Al-Faddagh and Mr. Ahmed bin Mohammed Alenazi; two further seats on the 11-member board were not individually named in the sources reviewed. Roles and occupations are as stated in GIB’s own release; nationality is not separately disclosed for board members in the sources reviewed and is not stated here. The registry record on file for this company does not itself list officers.
Recent officer changes
- New Board of Directors appointed for a three-year term, effective 8 August 2025 (source: Gulf International Bank corporate announcement).
- H.E. Dr. Najem bin Abdullah Al Zaid appointed Vice-Chairman, effective 21 August 2025 (source: Gulf International Bank corporate announcement).
- Mr. Fahad bin Abduljalil AlSaif appointed Chairman as part of the August 2025 board renewal (source: Gulf International Bank corporate announcement).
Data availability
Bahrain’s commercial registry record on file for this company does not itself publish director or officer information. The officer information above is sourced entirely from Gulf International Bank’s own board and leadership announcements rather than a registry filing, reflects current appointments only, and does not include nationality or country of residence, which are not disclosed in the sources reviewed.
Sources
- Gulf International Bank, "Gulf International Bank Announces New Chairman and Directors" — https://www.gib.com/en/gulf-international-bank-announces-new-chairman-and-directors (retrieved 2026-09-10)
- Gulf International Bank, "GIB in Bahrain Announces New Appointments of the Board of Directors" — https://www.gib.com/en/gib-bahrain-announces-new-appointments-board-directors (retrieved 2026-09-10)
- Gulf International Bank, "Board of Directors" — https://www.gib.com/en/board-directors (retrieved 2026-09-10)
Group Structure
Group structure of GULF INTERNATIONAL BANK B.S.C
Gulf International Bank B.S.C. is the top-level banking entity of the GIB group and is not itself a subsidiary of another operating company. It has two verified corporate subsidiaries confirmed through official registry sources: Gulf International Bank (UK) Limited, registered in England and Wales, and Gulf International Bank – Saudi Arabia, a locally incorporated Saudi bank. The group also operates branches, which are not separate legal entities, in the United Arab Emirates, Oman and the United States. Exact intra-group ownership percentages in these two subsidiaries were not confirmed in the sources reviewed beyond GIB’s own description of them as wholly owned.
Verified corporate relationships
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| Gulf International Bank (UK) Limited | United Kingdom | 01223938 | Direct subsidiary | Ownership percentage not disclosed (GIB states wholly owned) | Active | 2026-09-10 |
| Gulf International Bank – Saudi Arabia | Saudi Arabia | 2052001920 | Direct subsidiary | Ownership percentage not disclosed | Active | 2026-09-10 |
Recent structural changes
- Conversion of GIB’s Saudi Arabian branch network into a locally incorporated subsidiary, Gulf International Bank – Saudi Arabia, completed April 2019, described by GIB as the first such conversion by a foreign bank in Saudi Arabia.
- Acquisition of the London-based Saudi International Bank in 1999, subsequently renamed Gulf International Bank (UK) Limited.
Data availability
Corporate-linkage information for Gulf International Bank B.S.C. is partial: the two operating subsidiaries are independently confirmed through the UK’s Companies House register and GIB’s own corporate disclosures, but exact intra-group ownership percentages and any additional holding entities were not found in the sources reviewed. The Bahrain registry record on file for this company does not itself list group-structure information.
Sources
- Companies House, company number 01223938 — https://find-and-update.company-information.service.gov.uk/company/01223938 (retrieved 2026-09-10)
- Gulf International Bank, "History of GIB" — https://www.gib.com/en/history-gib (retrieved 2026-09-10)
- Gulf International Bank, "About GIB UK" — https://www.gib.com/en/about-gib-uk (retrieved 2026-09-10)
- Public Investment Fund, "Gulf International Bank (GIB) – KSA" — https://www.pif.gov.sa/en/our-investments/our-portfolio/gulf-international-bank-gib—ksa/ (retrieved 2026-09-10)
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Frequently Asked Questions
What does GULF INTERNATIONAL BANK B.S.C do?
Gulf International Bank B.S.C. is a Bahrain-incorporated wholesale and retail bank (commercial registration C.R. 4660), established in 1975, providing corporate and institutional banking, treasury, project and structured finance and investment banking services across the GCC, Europe and North America, and licensed by the Central Bank of Bahrain.
Who owns GULF INTERNATIONAL BANK B.S.C?
Gulf International Bank B.S.C.'s principal shareholder is the Public Investment Fund of Saudi Arabia, reported by GIB to hold a majority stake of 97.2%, with the remaining shares held by Qatar Holding LLC, Bahrain's Mumtalakat Holding Company, the Kuwait Investment Authority and Oman Investment Authority on behalf of their respective GCC governments.
Who is GULF INTERNATIONAL BANK B.S.C's UBO (Ultimate Beneficial Owner)?
No natural-person ultimate beneficial owner is disclosed; Gulf International Bank B.S.C. is majority-controlled by the Public Investment Fund, the sovereign wealth fund of Saudi Arabia, a state-owned entity rather than an individual.
Is GULF INTERNATIONAL BANK B.S.C still an active company?
GULF INTERNATIONAL BANK B.S.C's status on Ministry of Industry, Commerce and Tourism is listed as active.
What is GULF INTERNATIONAL BANK B.S.C's registered address?
The registered address on file for GULF INTERNATIONAL BANK B.S.C is Manama, Bahrain.
What is GULF INTERNATIONAL BANK B.S.C's revenue?
For the financial year ended 31 December 2024, Gulf International Bank reported consolidated total assets of approximately US$42.9 billion and consolidated net profit attributable to shareholders of US$134.8 million; for the first quarter of 2025 it reported net profit attributable to shareholders of the parent of approximately US$47.8 million and a Basel III total capital adequacy ratio of 15.4%.
Is GULF INTERNATIONAL BANK B.S.C listed on a stock exchange?
Gulf International Bank B.S.C. is not listed on any stock exchange; it is a privately held bank owned by Gulf Cooperation Council governments.
Who are the officers/directors of GULF INTERNATIONAL BANK B.S.C?
Mr. Fahad bin Abduljalil AlSaif was appointed Chairman and H.E. Dr. Najem bin Abdullah Al Zaid was appointed Vice-Chairman as part of an 11-member Board of Directors seated for a new three-year term effective 8 August 2025 (Vice-Chairman confirmed 21 August 2025); Mr. Abdulaziz bin Abdulrahman Al-Helaissi has served as Group Chief Executive Officer since 1 February 2016.
Does GULF INTERNATIONAL BANK B.S.C have a parent company or subsidiaries?
Gulf International Bank B.S.C. is the top-level entity of the GIB group, with confirmed direct subsidiaries Gulf International Bank (UK) Limited (Companies House no. 01223938, providing the group's asset-management function) and the locally incorporated Gulf International Bank – Saudi Arabia (Saudi commercial registration 2052001920), formed in April 2019 from the conversion of GIB's Saudi branch network.
Can Zavia monitor changes to GULF INTERNATIONAL BANK B.S.C's ownership over time?
This profile reflects a point-in-time snapshot from Ministry of Industry, Commerce and Tourism. Zavia's monitoring API can track changes to GULF INTERNATIONAL BANK B.S.C's registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access GULF INTERNATIONAL BANK B.S.C's data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including Bahrain, so records like GULF INTERNATIONAL BANK B.S.C's registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from Ministry of Industry, Commerce and Tourism and was last synced on 13 August 2026.