SABB News & Announcements- MarketsToday.net

SAUDI STOCK EXCHANGE (TADAWUL)Trading Hours: Sun - Thu 10:00 am-3:00 pm

The Saudi British Bank SABB
SABB 2.02%
Banks 0.36%
TASI 0.43%
25.70
Last Value
-0.53
Change
2.02%
% Change
Price in SAR Last Update : 02 Aug 2017 11:00 am (local time)
  • HSBC Saudi Arabia ‘Best Investment Co’ May 25, 2017 | Source : Saudi Gazette

    HSBC Saudi Arabia has won the “Best Investment Company in Saudi Arabia” award from Euromoney for 2017. The award was recently presented during the Euromoney Awards for Excellence ceremony held in Dubai. Euromoney Awards for Excellence are among...

  • SABB celebrates its 40th anniversary May 15, 2017 | Source : Saudi Gazette

    SABB celebrates its 40th anniversary since its launch in Saudi Arabia in 1977 as a Saudi joint stock company in partnership with HSBC Group. The bank started with a capital of SR100 million, which gradually grew to reach...

  • The Saudi British Bank announces distribution and payment of dividends to shareholders for the second half of the year ending 31 December 2016 May 03, 2017 | Source : Tadawul

    SABB is pleased to announce that the Banks Extra-Ordinary General Meeting held on Tuesday 25 April 2017 has approved the Board of Directors recommendation for payment of cash dividends to shareholders for the second half of the fiscal...

  • SABB logs SR1.036bn net profit in 1Q 2017 Apr 13, 2017 | Source : Saudi Gazette

    The Saudi British Bank (SABB) recorded a net profit of SR1,036 million for the quarter ended March 31, 2017. This is a decrease of SR106 million or 9.3% compared to SR1,142 million for the same period in 2016,...

  • SABB, Ministry of Housing to further raise cooperation Mar 09, 2017 | Source : Saudi Gazette

    Majid Al-Hugail, Saudi Minister of Housing, met with SABB Managing Director David Dew at the bank’s head office in Riyadh in the presence of senior executives from the bank, the Ministry of Housing and Real Estate Development Fund.

  • VAT impact on Saudi firms differs; urged to keep record of all business transactions Jul 27, 2017 | Source : Saudi Gazette

    Proven Saudi Arabia, the leading business support provider for the KSA, provides further insight on the implementation of VAT and the effect it will have on businesses operating within the Kingdom. It has been confirmed that a 5%...

  • Assets of 13 listed UAE banks surge to AED1.41 trillion in H1 Jul 23, 2017 | Source : WAM

    The assets of 13 UAE banks have surged to AED1.41 trillion by the end of the H1 2017, a growth of 6.8 percent from AED1.31 trillion in the corresponding period in 2016. Data revealed by the 13...

  • UBF launches initiative to handle customer complaints Jul 23, 2017 | Source : WAM

    The UAE Banks Federation, UBF, has announced that it has secured the support of the Central Bank for its initiative that aims to develop a unified framework to handle customer complaints. The UBF is a professional body...

  • Swiss firms urged banks to use SWIFT payment Jul 23, 2017 | Source : Saudi Gazette

    Six leading Swiss corporates with international operations - including ABB, Nestle, Roche, SBB, Swiss Re and Wurth – have issued an open letter, stating their support for the SWIFT global payments innovation (gpi) and encouraging banks worldwide to...

  • ITFC and IFC partner for sustainable development goals in member countries Jul 13, 2017 | Source : Saudi Gazette

    The International Islamic Trade Finance Corporation (ITFC) and the International Financial Corporation (IFC) signed a Letter of Intent for Partnership with the aim to intensifying and reinforcing their joint work and cooperation to achieve the Sustainable Development Goals...

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