The Saudi British Bank (SABB) has reported a 10 per cent drop in its net profit for the year ended December 31, which fell to SR3.9 billion from SR4.33 billion last year.
The Saudi bank said its net profit for the fourth quarter t
The Saudi British Bank (SABB) recorded a net profit of SR3.288 billion ($876 million) for the nine months ended September, marking a decrease of SR104 million or 3.1 per cent compared to SR3.392 billion for the same period in 2015.
The Saudi British Bank (SABB) recorded a net profit of SR1.142 billion ($304 million) for the quarter ended March 31, an increase of SR27 million or 2.4 per cent compared to SR1.115 billion for the same period in 2015.
Saudi British Bank (SABB), the kingdom's fifth-largest bank by assets, posted a 3.1 per cent drop in fourth-quarter net profit on Monday, missing analyst forecasts as expenses rose.
The bank, an affiliate of HSBC Holdings, mad
Saudi British Bank (SABB), the kingdom's fifth-largest bank by assets, posted a 7.7 per cent rise in third-quarter net profit on Thursday, in line with analyst forecasts.
The bank, an affiliate of HSBC Holdings, made a net pro
The Saudi British Bank (SABB) has been named the best consumer internet bank and the best corporate/institutional internet bank in Saudi Arabia this year by the Global Finance magazine recently.
SABB won the tw
The board of Saudi British Bank (SABB), an affiliate of HSBC Holdings, has recommended a cash dividend of SR0.40 ($0.11) per share for the first half of the year, the bank said in a bourse filing on Thursday.
It is the first time
The Saudi British Bank (SABB) launched a new service whereby American Express card holders can make cash withdrawals from SABB’s automated teller machines (ATMs).
The new service offers a great degree of convenience, and com
The net foreign assets at Saudi Arabia's central bank fell to SR2.546 trillion ($678.8 billion) in April, down by $11.8 billion or 1.7 per cent from the previous month as the kingdom drew on its reserves to cover a budget deficit caused by l