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 3.31%
Banks 0.69%
TASI 1.24%
26.82
Last Value
+0.86
Change
3.31%
% Change
Price in SAR Last Update : 22 Jun 2017 3:15 pm (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.

  • Islamic finance growth to lose momentum in 2018: S&P report Jun 22, 2017 | Source : Saudi Gazette

    Islamic finance industry will continue to expand this year, but lose some momentum in 2018, S&P Global Ratings forecast. The industry’s assets reached $2 trillion at year-end 2016, slightly below our September forecast. Even though sukuk issuance...

  • Islamic finance growth to lose momentum in 2018: S&P report Jun 21, 2017 | Source : Saudi Gazette

    Islamic finance industry will continue to expand this year, but lose some momentum in 2018, S&P Global Ratings forecast. The industry’s assets reached $2 trillion at year-end 2016, slightly below our September forecast. Even though sukuk issuance...

  • Why GCC banks will continue to be resilient Jun 18, 2017 | Source : Khaleej Times

    Banks in the GCC are in a stronger position to weather the current economic challenges, underscored by ongoing government support and infrastructure investments, which will help maintain further stability in the sector, banking analysts said. "The overall...

  • IDB and Madinah Chamber of Commerce sign MoU to support region’s dates sector Jun 15, 2017 | Source : Saudi Gazette

    The Chairman of the Islamic Development Bank (IDB) Group Dr. Bandar bin Mohammed Hamza Hajjar and the Chairman of the Chamber of Commerce and Industry of Madinah Munir Mohammed Nasser bin Saad signed a MoU for mutual cooperation...

  • ICD and TIIB enter into partnership to support BRAVE project in Yemen Jun 14, 2017 | Source : Saudi Gazette

    The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org), the private sector arm of IDB Group, and Tadhamon International Islamic Bank (TIIB) (www.TIIB.com) have entered into partnership to support business resilience of MSMEs under the...

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