Abdalla Abdulkhalik (chief executive officer & board member
Revenue
Aftertax: US$3,902, 912 million (KES:402 million) (2014)
Total assets
US$212.805, 271 million (KES:21.918,943 billion) (2014)
Website
www.gulfafricanbank.com
Gulf African Bank (GAB), whose full name is Gulf African Bank Limited, is a commercial bank in Kenya operating under an Islamic banking regime. It is licensed by the Central Bank of Kenya, the central bank and national banking regulator.[1]
As of December 2014[update] the bank was a mid-sized financial services provider in Kenya. Its total assets were valued at approximately US$191.8 million (KES:19, 753, 647 billion), with customer deposits totalling approximately US$153.3 million (KES:15.8 billion), and shareholders' equity estimated at US$30.6 million (KES:3.15 billion).[2] At that time, the bank was ranked number 25, by assets, out of the 43 licensed banks in Kenya then.[3] The bank has plans to enter Uganda and Tanzania.[4]
^"Directory of Commercial Banks And Mortgage Finance Companies" (PDF). Central Bank of Kenya. Retrieved 8 August 2014.
^"Gulf African Bank Audited 31 December 2013 Financial Statements". Gulf African Bank. Retrieved 8 August 2014.
^"Kenya Bank Rankings By Assets In 2013". Bankelele.Co.Ke. 28 April 2014. Retrieved 8 August 2014.
^Juma, Victor (25 November 2010). "East Africa: Upbeat Gulf African Bank Eyes Regional Market". The Citizen (Tanzania). Retrieved 8 August 2014.
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Global Information
Aftertax: US$3,902, 912 million (KES:402 million) (2014)