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Thursday, June 29, 2017 15:48 GMT
Gulf International Bank (GIB), a leading bank in the Middle East region, said it has been granted a conventional retail banking license by the Central Bank of Bahrain. Bahrain-based GIB is owned by the governments of the six GCC countries, with Saudi Arabia’s Public Investment Fund being the principal shareholder of 97.2%. In addition to the GCC operations, it has branches in the US and the UK. The license is an important milestone for GIB as it will help boost the bank’s presence in the...More