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SAUDI BRITISH BANK news

  
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CI: Ratings of Saudi British Bank affirmed, with a 'negative' outlook
Like other Saudi banks, SABB had spent much of the past five years repairing its asset quality and profit profile, following successive financial challenges in 2008 and 2009.
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 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 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 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.
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.
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 ...
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
Why the British said no to Europe
A forewarning came when the Treasurer, George Osborne, the embodiment of both Britain's ancient regime and the banking mafia in Europe, threatened to cut �30 billion from public services if people voted the wrong way; it was blackmail on a shocking ...
Middle Eastern Stocks Slump as Investors Weigh Brexit Fallout
Middle Eastern stocks followed declines across global markets on uncertainty over how Britain's decision to leave the European Union will affect economies in the region.