Thursday 22 February 2018
 
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SABB

SABB 2017 net profit up 1.5pc to top $1bn

The Saudi British Bank (SABB) recorded a net profit of SR3.955 billion ($1.05 billion) for 2017, as against a net profit of SR3.895 billion for the previous year, marking an increase of 1.5 per cent. SABB recorded a net profit of

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Saudi bank SABB names new board member

  Saudi British Bank (SABB), the leading trade bank in the kingdom, has appointed Stephen Moss, currently the group's head of strategy and planning at HSBC United Kingdom, as a non-executive director in the company board.

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SABB, Bolero partner for trade digitisation Saudi

The Saudi British Bank (SABB), a leading trade bank in Saudi Arabia, is partnering with Bolero International, a top trade finance digitisation solution provider, to offer electronic trade document solutions to corporate clients. A

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SABB 2016 net profit plunges 10pc to $1.03bn

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

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SABB Jan-Sept profit edges down 3.1pc

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.

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SABB first quarter profit up 2.4pc to $304m

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. The figure

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SABB Q4 profit down 3.1pc, misses forecasts

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

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Sabb wins Euromoney ‘Best Cash Management Provider’ Award

Sabb, one of the leading financial services providers in Saudi Arabia, has been recognised by Euromoney as "The Best Cash Management Provider in Saudi Arabia for 2015" for the eighth consecutive year.  

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Saudi British Bank Q3 net profit rises 7.7pc

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

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SABB named 'best consumer internet bank' in Saudi

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

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