The Banking Executive Magazine- June 2026 Issue

Gulf International Bank Gulf International Bank Saudi LAUNCHES $250MLN TERM LOAN Gulf International Bank Saudi Arabia has launched a $250 million three- year senior unsecured term loan into general syndication. First Abu Dhabi Bank and Standard Chartered are the lead arrangers and bookrunners of the facility, LPC re- ported. Proceeds have been earmarked for general funding purposes, the report added. GIB Saudi Arabia is owned equally by the kingdom’s Public Investment Fund and the Bahrain-based Gulf In- ternational Bank. In May 2026, the Bahrain-based GIB closed its debut $500 million syndi- cated murabaha facility with a three- year tenor, which marked the bank’s first Islamic syndicated transaction in the international market. the BANKING EXECUTIVE 14 ISSUE 210 JUNE 2026