The Saudi British Bank
Saudi british bank sjsc sabb is a saudi arabia based commercial bank.
The saudi british bank. The saudi british bank entity featured on fitch ratings. Saudi british bank attracts deposits and offers retail and commercial banking services. ساب sabb البنك السعودي البريطاني is a saudi joint stock company and is an associated company of the hsbc group. Enjoy the ease privacy and convenience of online personal banking anywhere and anytime with sabbmobile by saudi british bank headquartered in riyadh saudi arabia.
البنك السعودي البريطاني ساب is a riyadh based saudi joint stock company in which british banking firm hsbc holdings plc owns a minority stake. Saudi arabia s sovereign wealth fund the public investment fund pif is a major investor in both banks with current stakes of 44 29 in ncb and 22 91 in samba. Member of nova stars information services. Credit ratings research and analysis for the global capital markets.
Sabb formerly known as the saudi british bank provides a range of banking solutions for individuals and businesses in saudi arabia. In response to restrictions on foreign ownership of banks in saudi arabia sabb. Welcome to sabbmobile saudi british bank s mobile banking application. The merged bank will become the largest bank in the kingdom and a leading bank in the middle east region with 171 billion riyals in market capitalisation ncb said.
Trade and business information and links to saudi arabia arabian gulf and middle east area. The bank traces its origins to the british bank of the middle east which was acquired by hsbc in 1959. The saudi british bank sabb is a saudi joint stock company and an associate of hsbc holdings plc the company provides a wide array of personal commercial investment institutional and islamic banking products and services including current and savings accounts commodity investment accounts al ruwaad accounts lending products financial planning private banking and wealth management. The bank offers consumer syndicated structured project finance loans securities brokerage services.
The saudi british bank arabic. Sabb has a branch in london. The saudi british bank sabb arabic. It operates under the following segments.
Retail banking which caters mainly to the banking requirements of personal and private banking customers including deposits current and savings accounts personal finances and credit cards.