GIB hosts event for staff and their children

Press release
Published September 1st, 2015 - 09:23 GMT

During the event
During the event

GIB recently held an event for 75 children of the bank’s employees, ages 2 to 12 years, who visited their parent’s office in Al Dowali building, the GIB headquarters. This initiative comes as part of GIB’s efforts to help children understand what their parents do at work while they are at school, and to help them in their career choices as they mature. 

During the occasion, the children were given the opportunity to see where their parents worked, what they do during the day, as well as to meet their parents’ colleagues. An arts and crafts gathering was then organized, where children had the opportunity to paint on traditional clay money boxes that they could then take home as a souvenir from their day at the Bank.

This event falls under GIB’s new Corporate Social Responsibility (CSR) Programme ‘WAGIB’, in association with GIB’s Social committee which aims to support local communities.

GIB is owned by the six Gulf Cooperation Council countries. Saudi Arabia’s Public Investment Fund being the major shareholder.

Gulf International Bank (GIB) is a pan-GCC universal bank that specializes in corporate and investment banking and has a growing retail footprint. In addition to its main subsidiaries, London-based Gulf International Bank (UK) Ltd., and Riyadh-based GIB Capital LLC, it has branches in London, New York, Abu Dhabi, Dhahran, Riyadh and Jeddah with representative offices in Dubai and Beirut. 

Background Information

Gulf International Bank

Gulf International Bank B.S.C. (GIB) was established in the Kingdom of Bahrain in 1975, and commenced operations in 1976. In 2017, GIB became the first foreign domiciled bank to be granted approval from the Saudi Arabia Council of Ministers to establish a local commercial bank in the Kingdom of Saudi Arabia.

Consequently, GIB's branch offices in the Kingdom will become part of the Saudi Arabian subsidiary, with the country headquarters located in Al Dhahran.

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