Bahrain
Best bank Gulf International Bank (GIB)
GIB’s continued support from shareholders in the Gulf Cooperation Council states means it has had a distinct advantage over the competition in capturing large project finance and corporate finance business from the Gulf. The bank’s asset quality, capitalization and profitability continue to strengthen and as a result it has been given the highest foreign currency long-term debt rating issued by Standard & Poor’s for any bank based in the Middle East.
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