'meem by GIB' is the retail banking arm of Gulf International Bank (GIB).
Combining online and mobile banking with state-of-the-art physical locations, meem caters to the Kingdom of Saudi Arabia's increasingly sophisticated retail banking segment, offering convenience, freedom of choice, and exceptional value for money.
meem offers Shariah-compliant banking services, and subsequently has invested heavily in proprietary IT systems, including complex back-end systems, which increase efficiency and reduces the need to visit traditional branches.
meem services are supported by three retail stores and nine ‘nano-stores’, which together create a unique retail experience for its clientele.
These futuristic customer stores are all touch-screen with virtually no paper work required, unless otherwise required by regulation. It is a complete departure from the traditional banking branch. By eliminating the costs associated with large physical branch networks, meem generates significant savings, which are passed on to customers via higher rates of return for deposits and lower service charges.