In a strategic move, GFH Financial Group (GFH) has announced the approval of its change of commercial name to GFH Bank in a strategic move that reflects a fundamental transformation in its business model and reinforces the clarity of its identity as an integrated banking and investment institution.
A Bahrain-based Islamic wholesale bank, GFH is one of the most recognised financial groups in the GCC region and has assets and funds under management of around $24 billion,
The go-ahead came at the company's Extraordinary General Meeting for the financial year ended December 31, 2025, which was held via virtual means, where shareholders approved the change of the commercial name, in addition to amending the Memorandum and Articles of Association in line with this change.
This transformation comes at a time when credit, financing and treasury activities account for approximately 60% of the Groupâs overall business, within an integrated business model focused on diversifying income streams and enhancing long-term financial sustainability, said GFH in a statement.
Over recent years, the Group has also adopted a partnership-driven model in asset management, through the establishment of associate companies in collaboration with specialised partners to directly manage investment activities. This approach enhances operational efficiency while enabling the Group to focus on developing its core banking platform.
Speaking on the occasion, CEO Hisham Alrayes said: "The change of name to âGFH Bankâ directly reflects the transformation the Group has undergone in recent years."
"While we were previously focused primarily on asset management, today we are increasingly driven by credit, financing and treasury activities, which represent a significant share of our business and revenues. It is therefore important that our name clearly reflects this evolution to investors and the market," he stated.
"At the same time, we continue to develop our wealth and investment management activities through a partnership model with specialised institutions, enhancing efficiency and ensuring sustainable growth in this segment. The name change comes at a pivotal stage, alongside the acceleration of our digital transformation and the launch of our digital platforms, marking a key step in consolidating a fully integrated business model aligned with our future ambitions," he added.
GFH said the adoption of the new name reflects a forward-looking vision aimed at reinforcing the Groupâs position as a leading regional financial institution, capable of delivering integrated banking and investment solutions across its key business lines, including Wealth & Investment Management, Credit & Financing, and Treasury & Proprietary Investments.
GFH Financial Group currently manages a global investment portfolio spanning the GCC, the US and Europe, across sectors including logistics, healthcare, education, technology and real estate. GFHâs shares are listed on the Bahrain Bourse, Abu Dhabi Securities Exchange, Boursa Kuwait and Dubai Financial Market, it added.-TradeArabia News Service
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