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Saudi British Bank plans capital-boosting sukuk sale - sources
The last time SABB completed such an issue was in December 2013, when it raised 1.5 billion riyals through an offering which had a seven year lifespan but which could be redeemed by the bank at the end of the fifth year.
Saudi British Bank plans capital-boosting sukuk sale  Trade Arabia
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 Q1 Net Profit Up 3.2%, Beats Forecasts
Saudi British Bank (SABB), the Kingdom's sixth-largest bank by assets, posted a 3.2 per cent rise in its first-quarter net profit, it said in a bourse statement on Monday, beating analyst forecasts.
Saudi banks Samba and SABB post small profit gains, Al Rajhi earnings down  Yahoo! Maktoob News
SABB launches cash withdrawal service for Amex cardholders
JEDDAH - The Saudi British Bank (SABB) launched a new service whereby American Express card holders can make cash withdrawals from SABB's ATMs. The new service offers a great degree of convenience, and comes as a product of joint efforts ...
SABB offers ATM service for Amex card holders  Trade Arabia
UPDATE 1-Saudi British Bank plans capital-boosting sukuk sale - sources
DUBAI, Aug 26 (Reuters) - 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.
Saudi British Bank prices 1.5 bln riyal capital-boosting sukuk
SABB is the latest Saudi bank to boost its capital through the sale of debt instruments; while the kingdom's lenders are well capitalised compared to their Western peers, a sustained period of high loan growth has put downward pressure on their capital ...
Saudi British Bank Prices SAR1.5bn Capital-Boosting Sukuk  Gulf Business News
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David Dew interview: Managing director, Saudi British Bank
Around half-way through last year, Saudi Arabia's net foreign assets broke through the half-a-trillion-dollar barrier. They now stand at around $536bn, having risen 22 percent during the course of 2011.
Saudi British Bank Recommends Bonus Share Issue To Boost Capital 50%
The board of Saudi British Bank, an affiliate of HSBC Holdings, has recommended boosting the bank's capital by 50 per cent to SAR15 billion ($4 billion) through an issue of bonus shares, it said on Wednesday.
British expat exodus feared to hit Dubai amid oil price rout
Saudi Arabia to Raise Spending, Cover Deficit with Reserves  Voice of America
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Saudi British Bank Q3 Net Profit Rises 25.2%
Saudi British Bank, the Kingdom's fifth-largest listed lender by assets, posted a 25.2 per cent rise in third-quarter net profit on Thursday, in line with analysts' forecasts as operating income increased.
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Saudi British Bank Plans Sukuk Sale
Standard & Poor's raised the outlook on SABB's A rating to positive from stable in June on the back of a similar move for Saudi Arabia's country rating, citing the high level of likely sovereign support for the lender should it get into difficulty.
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