Gulf International Bank Stocks List

Recent Signals

Date Stock Signal Type
2021-04-09 PMBY Fell Below 50 DMA Bearish
2021-04-09 PMBY Narrow Range Bar Range Contraction
2021-04-09 PMBY Stochastic Reached Oversold Weakness
2021-04-09 PMBY MACD Bearish Centerline Cross Bearish

Recent News for Gulf International Bank Stocks

Date Stock Title
Related Industries: Banks-Regional Banks—Regional

Gulf International Bank (GIB) was established in 1976 during the first oil boom and is incorporated in the Kingdom of Bahrain as a conventional wholesale bank. It is licensed by the Central Bank of Bahrain and is headquartered in Manama in Bahrain.Gulf International Bank, through its subsidiaries, provides its services in the Gulf Cooperation Council countries and internationally. The company offers structured financing and advisory services for corporate and institutional customers in various sectors, including oil and gas, LNG, petrochemicals, power and water, infrastructure, telecom and technology-based projects, and aircraft and ships; and underwrites and arranges limited-recourse term financing with a range of debt finance products, such as syndicated debt finance, Islamic finance, export credit, and capital markets. It also provides a range of financial advisory services. In addition, the company offers asset and fund management services to the Middle East semi-governmental institutions and European financial institutions.Our funding profile continues to strengthen, with
growing access to stable and less costly funding
through meem digital banking, and the global
transaction banking business. Customer deposits
increased 16 per cent to US$21.2 billion, constituting
96 per cent of total deposits, and exceeding loans and
advances by more than 2 times. At the end of 2019,
the Group’s Net Stable Funding Ratio (NSFR) stood at a
particularly high 163 per cent compared to the Central
Bank of Bahrain’s mandated regulatory minimum of
100 per cent. This strong ratio reflected the high level
of stable funding maintained by each entity within the
GIB Group. Stable funding was enhanced by senior
term finance of US$3.5 billion at the 2019 year end.

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