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SABB, Alawwal in deal to create Saudi's third largest bank

May 17, 2018

Saudi British Bank (SABB) has reached an agreement to merge with Alawwal Bank that would create Saudi Arabia s third-biggest bank with assets of around 77 billion. One of the kingdom s leading financi... View more

SABB Q1 net profit edges up to $277m

May 8, 2018

The Saudi British Bank (SABB) recorded a net profit of SR1.039 billion ( 276.8 million) for the quarter ended March 31 2018 marking an increase of SR3 million or 0.3 per cent compared to SR1.036 billi... View more

SABB honours start-up accelerator programme winners

April 4, 2018

The Saudi British Bank (SABB) in collaboration with the King Abdullah University of Science and Technology (Kaust) Entrepreneurship Centre recently honoured the winners of the first batch of its Taqad... View more

SABB celebrates winners of accelerator programme

April 1, 2018

The Saudi British Bank (SABB) recently celebrated the winners of the first batch of the Taqadam start up accelerator programme in the presence of several senior officials from the government private s... View more

SABB 2017 net profit up 1.5pc to top $1bn

February 20, 2018

The Saudi British Bank (SABB) recorded a net profit of SR3.955 billion ( 1.05 billion) for 2017 as against a net profit of SR3.895 billion for the previous year marking an increase of 1.5 per cent. SA... View more

SABB, Bolero partner for trade digitisation Saudi

July 9, 2017

The Saudi British Bank (SABB) a leading trade bank in Saudi Arabia is partnering with Bolero International a top trade finance digitisation solution provider to offer electronic trade document solutio... View more

SABB 2016 net profit plunges 10pc to $1.03bn

January 22, 2017

The Saudi British Bank (SABB) has reported a 10 per cent drop in its net profit for the year ended December 31 which fell to SR3.9 billion from SR4.33 billion last year. The Saudi bank said its net pr... View more

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