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Saudi bank

Top Saudi bank Banque Saudi Fransi rebranded as BSF

Banque Saudi Fransi, one of the leading regional banks headquartered in Riyadh, has announced that it has completed its rebranding as BSF.   Unveiling the new brand identity, the top Saudi bank said it reflects B

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Saudi bank alrajhi tops Forbes Most Valuable Bank ranking

Forbes Middle East has revealed its ‘30 Most Valuable Banks’ ranking, featuring the resilient, profitable, and customer-centric banking titans in the region.   As of February 23, 2024, the 30 banks ha

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Top Saudi bank SAB's net income soars to $879m in H1

Saudi Awwal Bank (SAB) has delivered solid results for the first six months of the year with its net income surging by 59% to hit SR3.3 billion ($479 million), while its net profit before zakat and tax grew 61% over last year. &nb

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Emirates NBD arranges $1bn debut sukuk for Saudi bank Al Rajhi

Emirates NBD said it has successfully priced a $1 billion senior unsecured sustainable sukuk for Saudi-based  Al Rajhi Bank, the world’s largest Islamic bank by assets and market capitalisation.   The

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Roshn seals $1.6bn project finance deal with top Saudi banks

Roshn, a leading Saudi real estate developer powered by Public Investment Fund (PIF), has signed a working capital facility agreement worth SR6 billion ($1.6 billion) with three leading banks in the kingdom - SABB, Bank Albilad and Al Rajhi.&n

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Top Saudi bank SABB outlines new ESG strategy

Leading Saudi bank SABB has announced its new strategy towards environmental, social, and governance practices (ESG), which forms one of the main pillars of its 2025 strategy. It is aimed at supporting sustainable development within the kingdo

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Top Saudi bank SABB outlines new ESG strategy

Leading Saudi bank SABB has announced its new strategy towards environmental, social, and governance practices (ESG), which forms one of the main pillars of its 2025 strategy. It is aimed at supporting sustainable development within the kingdo

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Hill wins Saudi bank tower project contract

Hill International, a global leader in managing construction risk, said it has secured a three-year contract from Bank Aljazira, an innovative shari'ah-compliant financial institution in Saudi Arabia, to provide project management services f

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Hill wins Saudi bank tower project contract

Hill International, a global leader in managing construction risk, said it has secured a three-year contract from Bank Aljazira, an innovative shari'ah-compliant financial institution in Saudi Arabia, to provide project management services f

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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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