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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 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 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.
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 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 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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Saudi British Bank Q4 Net Profit Up 24.4%
Saudi British Bank (SABB) posted a bigger than expected 24.4 percent rise in fourth-quarter net profit, with its loans portfolio, customer deposits and earnings from special commissions all rising over the year.
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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.
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
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.