Gulf African Bank - Shareholding Information

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shareholding information

We are a very solid financial institution enjoying the backing of strongly capitalized and committed shareholders. This has enabled us grow steadily, with a product and service offering that caters for the retail, business banking, institutional and corporate sectors. All these are supported by the latest, robust technology and delivered with impeccable service quality.
Institutional investors account for about 90% of the shareholding with the balance subscribed by prominent Kenyan investors in their individual capacity.
1.Names and Level of Ownership

Names Level
Istithmar World 21.84%
BMI Bank BSC(c) 20.94%
Sheikh Abdullah Mohamed AbdulAziz Al Romaizan 20.94%
International Finance Corporation            14.94%
The Eastern & Southern Africa Trade & Development Bank (PTA) 5.23%

2. Number and percentage of individual and corporate shareholders

Number of Individual Shareholders 7
% of individual shareholders 50%
Number of corporate shareholders 7
% of corporate shareholders 50%

3. Number and percentage of local and foreign ownership

Number of foreign owners 9
% of foreign ownership 64%
  Number of local owners 5
% of local ownership 36%