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
The Saudi British Bank (SABB) was named ‘Employer of the Year’ in the private sector at the Annual Mena HR Excellence Awards ceremony held in Dubai, UAE recently.
The announcement of SABB’s recognition came as pa
The Saudi British Bank (SABB) has appointed Saad Abdulaziz Alkhalb as its chief operating officer, effective May 1.
Alkhalb has returned to SABB following a two-year secondment to HSBC, where he served as the chief operating offic
Saudi British Bank (SABB) is planning to sell a riyal-denominated sukuk that will boost its capital reserves, sources aware of the matter told Reuters on Thursday, with an announcement set to be made as early as next week.
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
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
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
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.