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Conventional and Islamic commercial banking services
Overview
SABB provides full-fledged banking services. SABB affiliate "SABB Securities Ltd." Also provides brokerage services and assets managements. SABB was founded in 1978 as a member of "HSBC Group, after it undertook (Middle East British Bank) business in Saudi Arabia.
In 2019, The bank fully acquired Alawwal Bank. All assets and liabilities of Alawal Bank transferred to SABB.
Basic Information
City: | Riyadh |
Country | Saudi Arabia |
Ownership Type: | Joint Stock |
Establishment Date: | 1978 |
Commercial Register: | 1010025779 |
Website: | www.sabb.com |
reg.hor@sabb.com | |
Phone | +966 11 440 8440 |
Fax | +966 11 276 3414 |
Address | Prince Abdulaziz street - Riyadh 11413 |
PO Box | 9084 |
Argaam Classification
Industry Peers
Arab National Bank |
Riyad Bank |
Banque Saudi Fransi |
Financials Highlights (M )
Company Size
Trading Data
Stock Market : | TASI |
Fiscal Year End : | December |
Free Float (M) : | 1,414.65 |
Free Float % : | 68.85 |
Weight in Index % : | 2.36 |
3M Average Volume : | 1,243,263 |
3M Average Transactions : | 2,885 |
Change(12M) % : | 8.32 |
Major Shareholders
Name | Number of Shares (M) | Holding |
---|---|---|
Hongkong and Shanghai Banking Corporation, Ltd | 636.99 | 31.00 % |
Olayan Saudi Investment Company, Ltd | 418.77 | 20.38 % |
Subsidiaries & Associates
Company | Country | Percentage |
---|---|---|
SAB INVEST | Saudi Arabia | 100.00 % |
Alawwal Real Estate | Saudi Arabia | 100.00 % |
SABB Markets | Cayman Islands | 100.00 % |
Arabian Real State | Saudi Arabia | 100.00 % |
Rabigh Refining Asset Leasing . | Saudi Arabia | 50.00 % |
Saudi Kayan Asset Leasing | Saudi Arabia | 50.00 % |
HSBC | Saudi Arabia | 49.00 % |
Milestones
10-03-2009
Raised capital to SAR 7500 through issuing 25% bonus shares
27-04-2008
Raised capital to SAR 6000 million through issuing 60% bonus shares
21-03-2006
Raised capital to SAR 3750 million through issuing 50% bonus shares
15-03-2004
Raised capital to SAR 2500 million through issuing 25% bonus shares
2001
Raised capital to SAR 2000 million through issuing 25% bonus shares
1998
Raised capital to SAR 1600 million through issuing 28% bonus shares
1996
Raised capital to SAR 1250 million through issuing 25% bonus shares.
1993
Raised capital to SAR 1000 million through issuing 100% bonus shares and right issue
1988
Raised capital to SAR 400 million through right issue offer. Right issue was valued at SAR 250 per share, with a nominal value of SAR 100 per share
1979
Raised capital to SAR 300 million through issuing rights issue shares
01-07-1978
Commenced activities after taking over the operations of the British Bank of the Middle East in the Kingdom of Saudi Arabia
21-01-1978
The Bank was established as a Saudi Joint Stock Company
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