Gulf International Bank BSC 2009 Annual Report
Company: Gulf International Bank BSC
Sector: Finance & insurance
Country: Bahrain
Year: 2009
Type: Annual Report
Pages: 130
The report describes the company's 2009 stabilization and derisking programme, including a US$3.3 billion reduction in the gross loan portfolio and a 20 per cent reduction in the underlying cost base. It reports total income of US$286.0 million and a year-end Group headcount of 437 staff. The report also highlights the newly constituted Board and strengthened funding profile.
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