Gulf International Bank (GIB) is a pan-GCC universal bank, founded in 1975 with its headquarters in the Kingdom of Bahrain. GIB’s principal shareholder is the Public Investment Fund of Saudi Arabia. With over 40 years’ experience in corporate and investment banking, GIB provides innovative, client-focused solutions, covering wholesale banking, treasury, investment banking, asset management, financial market products, and Shariah Compliant banking. In January 2015 GIB launched Meem.
Meem is the retail banking arm of GIB. Co-created with over 30,000 social media fans, Meem’s aim is to simplify the retail banking sector, providing its customers with a quick, dynamic and unique retail banking experience.
Combining online and mobile banking with state-of-the-art physical locations, Meem launched in the Kingdom of Saudi Arabia in January 2015. Meem services are supported by three futuristic customer stores and nine ‘nano-stores’, which together create a unique retail experience for its clientele.
With minimal paper work required, Meem is a complete departure from the traditional banking branch.
Meem by GIB is pleased to introduce you to the best profit rate for the Murabaha Deposit in KSA at 3.25% (annual rate). As a digital only bank we have lower overheads so can pass these savings onto our customers and continue to offer the best rates in the market for everyone, every day.
This initial offer is valid until the 31st December 2016 and is available for all deposit amounts from SAR 1,000 to SAR 1 million (limited to five (5) separate deposits up to SAR 1 million each). The minimum investment term is 6 months.
Find out more by visiting Meem today. You can open an account by completing our online application and visiting one of our main stores. This offer is available for a limited time only.