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SABB - SABB   Discuss Recommendations
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SABB (SABB)  Funds under management (21)
Stock Market Saudi Stock Exchange
Official Sector Banks & Financial Services (11)
Market Cap Size Large-Cap (17)
GulfBase Sector Commercial Banks (72)
 

Stock Quote Fundamental Data Research Reports

Overview
Establishment Date: 21/01/1978
Paid-Up Capital (SAR): 7,500,000,000
Par Value Per Share (SAR): 10.00
Branches: 70
No. of Employees: 3425
Major Shareholders
HSBC Pv. 40.00%
Olayan Saudi Investment Co. Ltd. 17.00%
General Organization for Social Insurance (GOSI) 9.50%
Activity
SABB is a Saudi public joint stock company engaged in providing a wide range of banking services and is an associate of HSBC Group. The Bank offers personal, commercial, corporate, private and Islamic banking, investment, treasury and trade services, as well as credit cards. SABB operates through a network of 82 branches across the Kingdom of Saudi Arabia and offers its customers access to HSBC Group's global network and resources. SABB's ATM and credit cards can access more than 350,000 ATMs in the Kingdom and around the world.
Subsidiaries, Associates & Joint Ventures
Company
SABB Securities Limited Co.
HSBC Saudi Arabia
SABB Takaful
Saudi Travellers Cheque Co.
more details

Corporate Announcements Company News
Net profit announced for the 9 months ending on 30/9/2009, SAR 2.01 billion, a decrease of 11%. 13/10/2009
Cash dividend announced for the 1st half of the year 2009, SR 0.83 per share. 15/07/2009
Net profit announced for the 1st Half of the year 2009, SR 1.44 billion, a decrease of 7%. 15/07/2009
Net profit announced for the 1st Quarter of the year 2009, SR 760 million, an increase of 0.4%.15/04/2009
25% capital increased from SR 6 billion to SR 7.5 billion, through issue of 5 for 4 bonus shares.11/03/2009
more...
SABB voted top Cash Management Bank in Saudi Arabia  (AME Info - 01/11/2009)
SABB bank books $94 million for Q3 loan losses  (Reuters - 25/10/2009)
SABB books $94m Q3 loan losses   (Reuters - 24/10/2009)
Saudi British Bank turns in Q3 net SAR 570 million ($152 million)  (CPIFINANCIAL - 18/10/2009)
HSBC's Saudi arm hit by Q3 loan provisions  (Reuters - 14/10/2009)
more...

Key People Contacts
Chairman: Khalid S. Al Olayan
Managing Director: Richard W. L. Groves
Board Members: Fouad A. Bahrawi
Khalid A. Al Molhem
Ahmad S. Banaja
Mohammad O. M. Al Omran
Mukhtar M. Husein
Robin D. Jones
Sulaiman A. Al Muhaidib
Simon N. Cooper
Auditors: KPMG Al Fowzan & Al Sadhan
Ernst & Young
E-mail Address: pr@sabb.com.sa
Website: http://www.sabb.com.sa
Postal Address: P.O. Box 9084, Riyadh 11413
Phone: +966 1 405 0677
Fax: +966 1 405 0660
Telex: 402349 SAB SJ
 
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