Gulf Crest Private Bank

Gulf Crest Private Bank is a leading private bank based in Jeddah, Saudi Arabia, offering exclusive financial services and wealth management solutions to high-net-worth individuals and corporate clients. Founded in 2019 by prominent financier Omar Al-Farsi, the bank focuses on delivering tailored financial strategies, including investment management, estate planning, and tax-efficient wealth structuring. Gulf Crest Private Bank is known for its expertise in managing complex financial portfolios, offering a personalized service that caters to the evolving needs of affluent clients in Saudi Arabia and beyond.

The bank provides a wide range of services, including private wealth management, luxury financing for high-value assets, private equity investment opportunities, and cross-border real estate advisory. A key success for Gulf Crest Private Bank was managing a SAR 400 million private equity fund that invested in growth-stage technology companies across the GCC region, delivering substantial returns for its clients. The bank also excels in providing philanthropic advisory services and legacy planning to prominent Saudi families.

Gulf Crest Private Bank operates with values of discretion, innovation, and excellence in client service. In 2023, the bank reported assets under management (AUM) of SAR 3.5 billion, with revenues of SAR 300 million. Looking forward, Gulf Crest Private Bank plans to expand its portfolio by introducing ESG (Environmental, Social, and Governance) investment solutions and broadening its footprint in international markets, further cementing its position as a top private banking institution in the Middle East.