GULF INTERNATIONAL BANK (UK) LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  -50.4%

  £11,125,950,512 → £5,515,912,387

• Net assets

  +0.4%

  £342,416,835 → £343,742,992

• Employees

  +15.2%

  112 → 129

• Operating profit

  -38.8%

  £39,241,983 → £23,999,402

• Profit before tax

  -38.8%

  £39,241,983 → £23,999,402

• Wages

  +10.1%

  £20,633,176 → £22,718,098

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. GULF INTERNATIONAL BANK (UK) LIMITED 2000-07-20 → present
2. AL-BANK AL-SAUDI AL-ALAMI LIMITED 2000-06-12 → 2000-07-20
3. AL-BANK AL SAUDI AL ALAMI LIMITED 1975-08-22 → 2000-06-12

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Bank's management has performed an assessment of the Bank's ability to continue as a going concern at the date of signing the 2024 financial statements. Furthermore, its management is not aware of any material uncertainties that may cast significant doubt on the Bank's ability to continue as a going concern. Therefore, these financial statements continue to be prepared on a going concern basis.”

Group structure

1. GULF INTERNATIONAL BANK (UK) LIMITED · parent
   1. SIB Portofolio Advisors Inc 100% · USA · Investment Advisor

Significant events

• “2024 saw GIB AM show resilience in a financial market disrupted throughout the year by volatility and geopolitical instability.”
• “Externally 2024 saw heightened Economic risk and Geopolitical risk. Over half the world's population went to the polls. The war in Ukraine further exacerbated the divide between East & West and the conflict in the Middle East created more tension. Despite these World markets were resilient with a MSCI World index up approximately 20% over the year. Looking forward into 2025, there is always a level of uncertainty. The external environment does seem more benign than the start of 2024. However, the risks mentioned above will still the ability to escalate and affect the financial market.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.