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Saudi British Bank lands dollar loan
The deal was co-ordinated by HSBC, which has a 40% holding in SABB. Bankers from HSBC declined to comment on the transaction.
Saudi British Bank's net profit edges up
DUBAI, July 19 Saudi British Bank (SABB), the kingdom's fifth-largest bank by assets, posted a 1.2 percent increase in its second-quarter net profit on Tuesday, in line with analyst forecasts as earnings from special commissions rose.
Saudi banks still strong despite oil slump: Saudi British Bank, MD, David Dew
Oil prices fell to a more than six-year low near $42 a barrel last month, and the International Monetary Fund forecasts the Saudi government will run a budget deficit this year of around 19.5 percent of gross domestic product. Last year's deficit was 3 ...
Saudi banks said to still be strong despite oil slump  The National
Saudi British Bank raising international dollar loan
Saudi British Bank raising international dollar loan. The Saudi British Bank (SABB) is syndicating a rare dollar loan co-ordinated by its 40% owner, HSBC.
MOVES-Saudi Hollandi Bank appoints CFO
... appointed Abdullah Aloraini as chief financial officer, Saudi Arabia's oldest lender said on Wednesday. Aloraini was previously head of accounting, asset and liability management and investor relations at Saudi British Bank, according to his ...
Moody's takes rating actions on 11 Saudi banks; concludes review
The nine banks are SAMBA Financial Group (SAMBA), Banque Saudi Fransi (BSF), Saudi British Bank (SABB), Arab National Bank (ANB), Riyad Bank (Riyad), Saudi Hollandi Bank (SHB), Saudi Investment Bank (SAIB), Bank AlBilad (BAB) and Bank ...
Moody's downgrades Saudi Arabia credit rating over oil price slump  The Guardian
S&P takes rare step to explain Saudi banking downgrades
On Thursday, S&P lowered its so-called long-term counterparty credit ratings on Al Rajhi Bank, National Commercial Bank, Riyad Bank, Samba Financial Group and Saudi British Bank because of the heightened risks they face in a low oil price environment ...
Ratings agency S&P defends decision to downgrade Saudi banks  Gulf Business News
Pressure Is Building On Saudi Arabia's Economy, But Riyadh Isn't ...  Forbes
HSBC subsidiary hired senior staff with unaccredited degrees
In order to work at Saudi financial institutions you are required to pass exams set by the country's regulator. HSBC Saudi Arabia is a part-owned subsidiary of HSBC, which owns 49 per cent of the investment bank, and the Saudi-British Bank which owns ...
Saudi British Bank Q3 net profit rises 7.7pc
Saudi British Bank (SABB), the kingdom's fifth-largest bank by assets, posted a 7.7 per cent rise in third-quarter net profit on Thursday, in line with analyst forecasts.
S&P downgrades slew of Saudi banks
These banks, plus Banque Saudi Fransi, Arab National Bank and the Saudi British Bank, were also placed on negative outlook, which means that the agency will consider whether to further downgrade their credit ratings within the next 24 months ...