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Top Saudi bank SAB's net income soars to $879m in H1Saudi 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 More… |
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SABB renamed Saudi Awwal Bank after mergerSaudi British Bank (SABB) announced today that it has renamed itself to become SAB - الأول . The new name and identity of the bank comes two years after the historic merger and integration of SABB and Alawwal Bank. More… |
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SABB and Saudia offer special rewards for Alfursan membersSaudia, the national flag carrier of Saudi Arabia, and The Saudi British Bank (SABB) have announced the revamping of SABB Alfursan Mastercard credit card with an array of value packed benefits for the cardholders. More… |
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SABB and Saudia offer special rewards for Alfursan membersSaudia, the national flag carrier of Saudi Arabia, and The Saudi British Bank (SABB) have announced the revamping of SABB Alfursan Mastercard credit card with an array of value packed benefits for the cardholders. More… |
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SABB net profit up 52% to $1.3bn in 2022Saudi British Bank (SABB) net profits increased 52% to SAR4.872 billion ($1.298 billion) during the fiscal year 2022 and total operating income increased 26% to SAR9.697 billion for the year, said a statement. More… |
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SABB in deal with Ministry to automate bank guaranteesSaudi British Bank (SABB) has entered into an agreement with the Ministry of Industry and Mineral Resources to automate bank guarantees to improve the efficiency of financial transaction procedures connected to project and business execution.& More… |
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SABB in deal with Ministry to automate bank guaranteesSaudi British Bank (SABB) has entered into an agreement with the Ministry of Industry and Mineral Resources to automate bank guarantees to improve the efficiency of financial transaction procedures connected to project and business execution.& More… |
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Roshn seals $1.6bn project finance deal with top Saudi banksRoshn, 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 More… |
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Diriyah Gate in strategic financing solutions deal with SABBThe Diriyah Gate Development Authority (DGDA) said it signed a MoU with the Saudi British Bank (SABB) to strengthen and broaden cooperation on financing solutions and banking services, including on a deal regarding the purchase of residential More… |
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SABB and SIDF sign deal to finance the industrial sectorSaudi British Bank (SABB) has reached a deal with the Saudi Industrial Development Fund (SIDF) to implement the Fund’s guarantees programme that aims to provide financing solutions to stimulate growth of industrial segments. It also prom More… |
