Mubasher: Cross-listed GFH Financial Group has transformed its commercial name to GFH Bank B.S.C., in a strategic move reflecting a fundamental change in its business model while reinforcing the clarity of its identity as an integrated banking and investment institution, according to a press release.
The approval was granted during the extraordinary general meeting (EGM) held on 1 April 2026, where the shareholders approved the change of the commercial name, in addition to amending the memorandum and articles of association in line with this change.
The financial entity noted that adopting the new name reflects a forward-looking vision aimed at reinforcing the group’s position as a leading regional financial institution
This transformation comes at a time when credit, financing and treasury activities account for approximately 60% of the group’s overall business, within an integrated business model focused on diversifying income streams and enhancing long-term financial sustainability.
The CEO and Board Member of GFH Bank, Hisham Alrayes, said: “The change of name to GFH Bank 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.”
Alrayes added: “At the same time, we continue to develop our wealth and investment management activities through a partnership model with specialized institutions, enhancing efficiency and ensuring sustainable growth in this segment.”
The CEO concluded: “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.”
Capable of delivering integrated banking and investment solutions across its key business lines, GFH Financial Group currently manages assets and funds valued at approximately $24 billion, including a global investment portfolio spanning the GCC, the US and Europe, across sectors including logistics, healthcare, education, technology and real estate.
GFH’s shares are listed on the Bahrain Bourse (BHB), Abu Dhabi Securities Exchange (ADX), Boursa Kuwait and Dubai Financial Market (DFM).
