Officials of GIB Capital and EMEA Finance at the event.
GIB Capital, the Riyadh-based investment banking arm of Gulf International Bank (GIB), won four awards recently at the 2016 EMEA Finance Middle East Banking Awards in Dubai.
GIB Capital was honoured with the “Best Investment Bank in the Middle East”, “Best Asset Manager in Saudi Arabia”, “Best Local Investment Bank in Saudi Arabia” and “Best Local Investment Bank in Bahrain” awards.
GIB’s achievements were recognised amongst the leading commercial, investment and Islamic banks in the region, as well as the top asset managers and brokers in countries across the Middle East.
Abdullah Mohammed Al Zamil, Chairman of GIB Capital, said: “This is an excellent achievement that reflects the consistent hard work of our dedicated team as well as our comprehensive range of services. We are greatly encouraged by our success to date and are keen to develop and grow even further while ensuring the continued satisfaction of our clients.”
Osamah Mohammed Shaker, CEO of GIB Capital, also commented on the awards saying: “These awards bear testimony to the continued appreciation GIB Capital enjoy in the market, from both clients’ and industry perspectives. We are very proud of our team’s efforts and our record to date. We will continue to service our clients through a range of innovative quality products and services.”
In 2016 GIB Capital led several high-profile deals including GIB’s SAR2 billion 5 year bond issuance, a SAR1 billion 5 year Sukuk issuance for Rawabi Valliance Offshore Services and a US$1.5 billion 5 year Sukuk issuance for the Islamic Development Bank, among others.
