Meem (bank)

meem (meem م) is the retail banking arm of Gulf International Bank B.S.C. (GIB),[2] offering retail banking services to Bahraini and Saudi customers. It is intended to target the technophile customer base by offering Sharia-compliant, non-traditional banking services licensed by the Saudi Arabian Monetary Agency.[3][4]

meem&Temuulen Banking Services
IndustryBanking
Founded2014 (2014)
HeadquartersAl Dhahran, Eastern
ProductsOnePack
Murabaha Deposit
Currencies Card
Credit Card
Personal Finance[1]
Number of employees
201 - 500 employees
Websitewww.meem.com

meem is a registered trademark and independent brand[5] using online and mobile banking as the primary platforms of banking. Upon opening an account, all services can be carried out electronically. Meem has stores in Bahrain Bay (Manama), Riyadh, Jeddah and Al Dhahran and provides services such as completing the account opening process, cash withdrawals, deposits and transfers, and account maintenance.[6][7]

meem was created after engaging with a large target customer base using various social media channels over three years, gaining insight into users' needs and preferences.

GIB is owned by the six GCC governments,[8] with the Public Investment Fund of Saudi Arabia holding a majority stake (97.2 per cent).[9] The Bank is chaired by H.E. Jammaz bin Abdullah Al-Suhaim.[10]

Locations

Currently, ‘meem م’ has three main stores in Dhahran and Riyadh.[11][12]

Store Locations - Eastern Province

  • Dhahran – Dammam/Khobar Express Highway (Main)
  • Khobar – AlRashid Mall
  • Khobar – eXtra Store
  • Dammam – eXtra Store

Store Locations - Central Region

  • Riyadh, Granada – GOSI Complex (Main)
  • Riyadh - Al Nakheel Mall (Map 24.7685,46.716473)
  • Riyadh – Panorama Mall
  • Riyadh – Sahafa eXtra Store
  • Riyadh – Wurood eXtra Store

Store Locations - Mecca Region

  • Jeddah – Prince Sultan Rd. (Main)
  • Jeddah – Old Airport Road eXtra Store
  • Jeddah – Red Sea Mall
  • Jeddah – Prince Sultan eXtra
  • Jeddah — Aziz Mall prince majid road

References
  1. "About Meem | Meem Digital Bank - Kingdom of Saudi Arabia". Archived from the original on 2019-12-31. Retrieved 2019-11-12.
  2. "Home". gib.com.
  3. "GIB". gib.com. Archived from the original on 2015-09-24.
  4. "GIB launches trial phase of retail banking services". arabnews.com. 8 July 2014.
  5. famedpages.com
  6. "Gulf Daily News » Business News » GIB pioneers new retail bank concept in Saudi". gulf-daily-news.com.
  7. "Home". meem.sa.
  8. "Gulf Daily News".
  9. "عن بنا | وكالة أنباء البحرين".
  10. "GIB". Archived from the original on 2015-09-28. Retrieved 2015-09-28.
  11. "'Meem by GIB' offers a broad range of channels". 11 January 2015.
  12. "GIB launches new retail banking services in Saudi". tradearabia.com.
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