“GFH Financial Group” changes its name to “GFH Bank”

GFH Financial Group (“GFH” or the “Group”) announced the approval of changing its commercial name to “GFH Bank B.S.C.”, in a strategic step that reflects the fundamental transformation in its business model and enhances the clarity of its identity as an integrated banking and investment institution.

This approval came during the extraordinary general assembly meeting for the fiscal year ending on December 31, 2025, which was held via video communication, where the shareholders approved the change of the trade name, in addition to amending the articles of association and articles of association in line with this change.

This transformation comes at a time when credit, financing and treasury activities now constitute 60% of the group’s total business, within the framework of an integrated business model based on diversifying sources of income and enhancing financial sustainability.

During the past years, the group has also adopted the partnership model in asset management, by establishing associate companies in cooperation with specialized partners that directly manage investment activities, which enhances operational efficiency and allows focus on developing the group’s core banking platform.

Commenting on this occasion, Mr. Hisham Al-Rayes, CEO and member of the Board of Directors, said: “Changing the name to “GFH Bank” represents a direct reflection of the transformation that the group has witnessed over the past years. After focusing primarily on asset management, today it also relies heavily on credit, financing and treasury activities, which contribute large shares of our business and revenues. Hence, it was important that our name clearly reflects the nature of this transformation to investors and markets.”

He added: “At the same time, we continue to develop the wealth and investment management business through a model of partnerships with specialized institutions, in a way that enhances the efficiency of this sector and ensures the sustainability of its growth. The name change comes at an appropriate time, in parallel with the acceleration of digital transformation and the launch of our digital platforms, to constitute an essential step in establishing an integrated business model that keeps pace with the aspirations of the next stage.”

The adoption of the new name reflects a future vision based on consolidating the group’s position as a leading regional financial institution, capable of providing integrated banking and investment solutions across a group of main business lines that include wealth and investment management, credit and financing, treasury and private investments.

It is noteworthy that GFH Financial Group manages assets and funds worth approximately 24 billion US dollars, including a global investment portfolio extending across the Gulf Cooperation Council countries, the United States of America and Europe, and covering the sectors of logistics services, healthcare, education, technology and real estate. The group’s shares are also listed on the Bahrain Stock Exchange, Abu Dhabi Securities Market, Kuwait Stock Exchange and Dubai Financial Market.