Flip through the latest issue of Gulf Weekly.
UK-based emeafinance magazine named Gulf International Bank (GIB) as the 'Best Local Investment Bank in Bahrain' as part of the magazine's Middle East Banking Awards.
The editorial team of emeafinance indicated they were particularly impressed with GIB's own funding initiatives and with the prominent advisory mandates it won last year despite difficult market conditions.
The magazine highlighted that GIB successfully raised $933 million through an oversubscribed bond issue in Saudi Arabia. The magazine also stressed the leading role of GIB in advising on and arranging initial public offerings (IPOs).
GIB's chief executive officer Dr Yahya Alyahya, pictured above, said: "We are very pleased with yet another independent recognition of GIB's leading role in investment banking and bond issuance. This is the second time in less than three months that GIB receives such an award."
Last December, World Finance magazine named GIB as the 'Best GCC Bonds Issuer in 2010'.
