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GIB Capital

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GIB Capital named Best Investment Bank – Middle East for 2013
Back 14 August 2011

GIB Financial Services (GIBFS), the investment banking arm of Gulf International Bank (GIB) in the Kingdom of Saudi Arabia, has rebranded its name to “GIB Capital.” The name change will be effective immediately.

The rebranding comes as part of the company’s efforts to further strengthen its presence in the regional capital markets. The new name reinforces GIB Capital’s continued focus on its core business activities of investment banking and capital market transactions.

“We are confident the new name, “GIB Capital,” will position the company better for future growth in the capital markets business in the Kingdom and the GCC as a whole,” explained Dr. Yahya Alyahya, GIB’s Chief Executive Officer.

GIB Capital was established in 2008 as a fully-owned subsidiary of GIB to carry out investment banking activities within Saudi Arabia and is duly authorized by the CMA. GIB and GIB Capital have an established track record of advising on a number of successful IPOs in Saudi Arabia. To date, they have introduced offerings to the Kingdom’s capital market in excess of SAR 19 billion (US$ 5 billion).

GIB Capital is a Single Shareholder Company (Commercial Registration No. 1010244294) with paid-up capital of SR 200,000,000.

GIB Capital obtained its license from the Capital Market Authority under license number 07078-37 on 08/07/1428H (corresponding to 22/07/2007G). GIB Capital obtained the approval to proceed with its business activities from the Capital Market Authority on 03/04/1429H (corresponding to 12/04/2008G).

GIB Capital provides corporate finance services in the Saudi capital markets, and is licensed to carry out the following activities by the Capital Market Authority (“CMA”):

  • Dealing as:
    • Principal
    • Agent
    • Underwriter
  • Managing
    • Investment fund management
    • Discretionary portfolio management
  • Arranging
  • Advising
  • Custody

GIB Capital is a subsidiary of Gulf International Bank B.S.C. with registered office at Low Rise Building 1, Granada Business & Residential Park, Eastern Ring Road, P.O. Box 89589, Riyadh 11692, Kingdom of Saudi Arabia.