GIB Capital, the Riyadh-based investment banking and asset management arm of Gulf International Bank — Saudi Arabia, has won the Best Debt House, Saudi Arabia and Best Debt House, Bahrain awards at the EMEA Finance Middle East Banking Awards 2020. Now in its 13th year, the awards recognize excellence in commercial, investment and Islamic banking across the Middle East, as well as brokerage and asset management activities.
For the 12-month review period governing the awards, GIB Capital advised on more than $8.7 billion of capital market transactions for sovereigns and corporates across the GCC, including $8.1 billion in debt capital markets activity.
Osamah Mohammed Shaker, CEO of GIB Capital, said: “We’re extremely proud of these honors. They reflect the exceptional work of our dedicated teams as well as our comprehensive range of services. These awards recognize our ongoing leadership in the debt capital markets and our success, despite challenging market conditions, in advising on some of the region’s most notable sovereign, corporate and financial institution issuers over the past year. We will continue to build on our track record to strengthen our position as the investment bank and partner of choice for companies across the GCC.”
GIB Capital provides a full range of investment banking services including advisory for IPOs and private placements, mergers, disposals and acquisitions, privatizations, debt capital market products and services, strategic debt advisory and asset management. The company’s client base includes leading Saudi and pan-GCC family businesses, corporations, SMEs, government and quasi-government entities.
In addition to GIB Capital, GIB’s services are delivered across the GCC and international markets through its other main subsidiaries GIB Saudi Arabia, which is headquartered in the Eastern Province with branches in Dhahran, Riyadh and Jeddah, and GIB (UK) Ltd. GIB also operates branches in New York and Abu Dhabi with a representative office in Dubai.