Gulf Clearing Company (GCC) incorporated in Kuwait in 2001, than later in Bahrain in 2003 with a mission to become a leader in the fund custodian and settlement services in the Gulf markets. GCC provides wide range of high quality and cost effective fund custodian, fund administration and share registrar services to cater the needs of both clients and fund managers.

GCC is one of the leading fund custody & administration service providers in the Kuwaiti and Bahraini markets with total assets under custody exceeds US$ 3 billion, and is expected to reach US$ 4.5 billion by the end of year 2004.

Our industry leading technology, expert staff as well as our regional reach combine together to provide the highest quality of custody, security settlements and share registrar services.

	Some Key Figures
		Year 2003	Year 2004 *
	Funds under custody	US$ 3 billion	US$ 4.5 billion
	Funds under custody/sub custodian	26	52
	NAVs calculated	615	1320
	Average portfolio transactions per month	2,150	4,850

*Projected