Gulf International Bank

Gulf International Bank B.S.C. (“GIB” or the “Bank”), a leading pan-GCC banking institution, today announced the establishment of its US$ 3 billion Certificate of Deposit (“CD”) Programme, further strengthening the Bank’s funding platform and enhancing its access to short-term wholesale funding markets. The Programme represents an important milestone in GIB’s ongoing funding diversification strategy and provides the Bank with additional flexibility to access a broad base of regional and international institutional investors. The CD Programme complements GIB’s existing funding sources and supports the Bank’s prudent liquidity, balance sheet and funding ...