[1] As of December 2014[update] the bank was a mid-sized financial services provider in Kenya.

[4] Discussions to establish the bank started in 2005, by individuals and institutions from the Persian Gulf and Kenya.

At the time it opened, Gulf African Bank's capital base totalled over US$21 million (KES:1.75 billion).

In September 2012, the International Finance Corporation acquired 16% shareholding in the bank for US$5 million.

[6][7] As of August 2014[update], the bank operates a network of branches at the following locations:[8]