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Saudi British Bank Q1 net profit up 2.4 pct, ahead of estimates
Saudi banks have been contending with weaker credit growth as a result of lower oil prices and weaker government spending, which has fed through to lower net interest income.
Saudi British Bank sells 1.5 bln riyal capital-boosting sukuk
DUBAI May 28 Saudi British Bank (SABB) has completed a private placement of 10-year, 1.5 billion riyal ($400 million) subordinated Tier 2 sukuk callable in five years, it said in a bourse statement on Thursday.
Saudi British Bank plans capital-boosting sukuk sale - sources
DUBAI May 7 Saudi British Bank (SABB) is planning to sell a riyal-denominated sukuk that will boost its capital reserves, sources aware of the matter told Reuters on Thursday, with an announcement set to be made as early as next week.
Saudi British Bank Q3 net profit rises 7.7 pct
DUBAI Oct 8 Saudi British Bank (SABB), the kingdom's fifth-largest bank by assets, posted a 7.7 percent rise in third-quarter net profit on Thursday, in line with analyst forecasts.
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
UPDATE 1-Saudi British Bank plans capital-boosting sukuk sale - sources
Saudi banks well capitalised vs Western banks. * SABB has one of weakest capital ratios among Saudi banks (Adds context, analyst quote, share price).
Saudi British Bank Plans Sukuk Sale
Saudi British Bank (SABB), an affiliate of HSBC Holdings, is aiming to sell an Islamic bond by year-end to strengthen its capital base, two banking sources aware of the matter said on Monday.
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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 ...
Saudi British Bank takes home best internet banking awards
SABB won the two awards after being chosen by a world-class panel of judges based on a detailed set of criteria. Those standards included the bank's potency of digital consumer strategy, attractiveness to clients, types of products on offer and web ...
Saudi British Bank honored with Euromoney award
For the eighth year running, Euromoney magazine has honored Saudi British Bank (SABB) as its Best Cash Management Provider in Saudi Arabia for 2015.