Thursday 7 May 2015
 
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SABB

SABB named ‘Best Trade Finance Bank’ in Saudi

The Saudi British Bank (SABB) has been named as the ‘Best Trade Finance Bank’ in Saudi Arabia for this year by the Global Finance magazine. The recognition from the magazine comes after an assessment of transaction vol

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SABB 2014 profit up 13pc to $1.13bn

The Saudi British Bank (SABB) has reported a net profit of SR4.266 billion ($1.136 billion) for the year ended December 31, 2014, an increase of SR492 million or 13 per cent compared to SR3.774 billion ($1 billion) for the same period previous y

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Saudi non-oil growth slows in November

Growth of Saudi Arabia’s non-oil private sector economy was sustained during November, but at a slower pace as output, while new orders and employment all increased at weaker rates, a report said. After accounting for season

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SABB Q2 profit up 15pc, beats estimates

Saudi British Bank (SABB), the kingdom's fifth-largest listed lender by assets, posted a 15.2 per cent increase in its second-quarter net profit, it said in a bourse statement on Wednesday, beating analyst forecasts. The bank,

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SABB profit rises 14pc to $288m in Q1

The Saudi British Bank (SABB) recorded a net profit of SR.08 billion ($288.2 million) million for the first quarter (Q1) of the year, as against SR948 million recorded for the same period in 2013, marking an increase of 14 per cent.

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UAE, Saudi non-oil activity surges in Feb

The non-oil private sector companies in both the UAE and Saudi Arabia witnessed solid expansions in their output and new orders, said a report. The SABB/HSBC Emerging Markets Index (EMI), a monthly indicator derived from the PMI s

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SABB profit surges 16.5pc to top $1bn

The Saudi British Bank (SABB) recorded a net profit of SR3.77 billion ($1.006 billion) in 2013, as against a profit of SR3.24 million in the previous year, marking an increase of 16.5 per cent. SABB recorded a net profit of SR976

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SABB launches graduates programme

The Saudi British Bank (SABB), a unit of HSBC, has launched a new development programme for Saudi graduates. The 'SABB Managers Development Program’ for 2013 initiative comes in line with the bank’s commitment to i

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SABB launches graduates programme

The Saudi British Bank (SABB), a unit of HSBC, has launched a new development programme for Saudi graduates. The 'SABB Managers Development Program’ for 2013 initiative comes in line with the bank’s commitment to i

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SABB gets Fitch ratings boost

Fitch Ratings, a leading rating agency, has affirmed the Saudi British Bank’s (SABB) long term credit rating at “A” with a stable outlook. The ratings affirmation and outlook revision reflects SABB’s financ

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