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The Saudi British Bank news

  
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Saudi British Bank gets nod for 50 pct bonus share issue
The Capital Market Authority said Saudi British Bank, an affiliate of HSBC Holdings, could issue one bonus share for every two shares held, increasing the number of the bank's outstanding shares to 1.5 billion from 1 billion.
Saudi British Bank recommends bonus share issue to boost capital 50 pct
DUBAI Dec 24 (Reuters) - The board of Saudi British Bank , an affiliate of HSBC Holdings, has recommended boosting the bank's capital by 50 percent to 15 billion riyals ($4 billion) through an issue of bonus shares, it said on Wednesday.
British expat exodus feared to hit Dubai amid oil price rout  Telegraph.co.uk
Saudi Arabia Projects Its Biggest Deficit Ever After Oil Crash  Business Insider
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Saudi British Bank Q4 net profit near-flat, misses forecasts
The bank attributed its drop in net profit to a rise in operating expenses, but did not elaborate. Saudi companies issue brief earnings statements early in the reporting period before publishing more detailed results later.
Saudi banking giant posts sixth straight drop in quarterly profit  ArabianBusiness.com
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.
Saudi British Bank Q3 net profit rises 25.2 pct  Reuters
NCB plan to sell 500m shares draws huge interest  Arab News
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Saudi British Bank soars as board proposes 10.50 per cent dividend, capital hike
Market bellwether SABIC slipped 0.95 per cent to SAR89.75. The Saudi British Bank, also known and branded as SABB jumped 7.18 per cent to SAR56.
SABB named 'Best Trade Finance Bank' in Saudi
The Saudi British Bank (SABB) has been named as the 'Best Trade Finance Bank' in Saudi Arabia for this year by the Global Finance magazine.
SABB named 'Best Trade Finance Bank for 7th year  Saudi Gazette
Startups in Saudi Arabia get cold shoulder from banks
The economy grew 4.6 percent last year. The number of loans from National Commercial Bank, the kingdom's biggest lender to SMEs through the Kafalah program fell to 232 last year from 1,048 the previous year.
Banks on a hiring spree as Saudi 'opens market'
Some US banks are trying to poach staff from competitors including HSBC Holdings to fill positions, according to three of the people.
Financial institutions boosting staff numbers ahead of Saudi market opening  The National
Saudi banks pull welcome mat for SMEs seeking loans; jobs, diversification at risk
The number of loans from National Commercial Bank, the kingdom's biggest lender to SMEs through the Kafalah programme fell to 232 last year from 1,048 the previous year.
Saudi Hollandi Bank proposes 20 pct capital hike to support growth
A number of other Saudi banks have said they will conduct similar bonus share offerings, including Samba Financial Group and Saudi British Bank. Profitability at banks in the kingdom has been supported in recent years by strong loan growth, although ...
Saudi Hollandi Bank proposes 20% capital hike to support growth  gulfnews.com