Tuesday 23 December 2014
 
»
Tag
 
»
SAIB

Saudi bank completes $533m sukuk

Saudi Investment Bank (Saib) has completed a SR2 billion ($533.3 million) capital-boosting sukuk issue, it said yesterday, the latest lender in the kingdom to offer such an instrument to enhance its reserves.   T

More…

Riyad Bank to arrange SAIB sukuk

Saudi Investment Bank (SAIB) has picked the investment banking arm of Riyad Bank to arrange a subordinated Islamic bond issue, banking sources said on Thursday, the latest lender in the kingdom to eye a capital-boosting sukuk offering.

More…

SAIB unveils rewards programme

The Saudi Investment Bank (SAIB) has launched WOOW, a reward programme for its customers. The bank teamed up with Ketchup Loyalty Marketing to develop the programme, said a statement. Based on the customer's day

More…

Saudi bank deposits hit $326bn in Q1

The total value of deposits made at Saudi Arabian banks reached a new record of SR1.36 trillion ($362 billion) by the end of first quarter of 2013, a report said. Customer deposits at the National Commercial Bank (NCB) reached SR2

More…

Top Saudi bank books more bad loan provisions

Saudi Arabia's second-biggest lender Samba Financial Group added more provisions for loan loss during the second quarter, although these fell 41 per cent year-on-year, bourse data showed on Saturday. The much-smaller Saudi Investment B

More…

SAIB Q3 net profit triples

Saudi Investment Bank (SAIB), which received two rating downgrades in June, said its net profit more than tripled during the third quarter despite a drop in net operating income. The lender said it made SR203 million ($54 million) in the t

More…

SAIB Q2 profit, deposits decline

Saudi Investment Bank (SAIB), which received two rating downgrades last month, said its net profit fell 32.8 percent in the second quarter and showed a rare drop in customer deposits. SAIB is the first Saudi bank to post a decline in depos

More…

Al Baraka, SAIB scrap shares deal

Saudi Investment Bank (SAIB), which received two rating downgrades in June, has said it and Bahrain-based Al Baraka Banking Group, which offers Shari’a-compliant banking services, have agreed to abandon a 2007 share swap deal. "The sharp v

More…

BNP Paribas, Saudi bank in asset management deal

BNP Paribas Investment Partners (BNPP IP) and the Saudi Investment Bank (SAIB) said on Wednesday they were teaming up in a new asset management venture in Saudi Arabia, SAIB BNP Paribas Asset Management. The deal calls for BNPP IP to take,

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads