Saturday 25 October 2014
 
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SABB

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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SABB named ‘Bank of the Year’

The Saudi British Bank (SABB) has been names the ‘Bank of the Year’ in Saudi Arabia by The Banker magazine. Majed Najm, the bank’s general manager of Retail Banking and Wealth Management, received the award at th

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SABB profit surges 29pc, misses forecast

The Saudi British Bank (SABB), an associated company of the HSBC Group, said its third-quarter net profit jumped 29 per cent to SR846 million ($225 million) over last year, citing higher operating income and lower expenses, but missed analysts&#

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Saudi activity growth at 6-month high

Growth in non-oil private business activity in Saudi Arabia accelerated to a six-month high in September as output prices rose for the first time since January, a survey showed on Thursday.   The seasonally adjus

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