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| SABB headquarters in Riyadh |
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SABB (Saudi British Bank) is a Saudi joint stock company and is an associated company of the HSBC Group. In 1978, HSBC was forced to convert its branches into an affiliate, Saudi British Bank. Ownership became 60% Saudi and 40% HSBC. Saudi British Bank provides a wide array of personal, commercial, Investment, Institutional and Islamic banking products and services across the Kingdom. It offers Amanah current and savings accounts, Amanah Mudarabah savings accounts, Amanah commodity investment accounts, Al Ruwaad accounts, financial planning, lending products, Islamic credit cards, and private banking and wealth management services. It also offers payments and cash management, treasury services, trade finance, business credit cards, personal and business internet banking as well as a range of Takaful plans for personal and corporate customers through SABB Takaful Company. SABB bank operates in Saudi Arabia through a network of over 80 full service branches including 16 exclusive ladies’ section branches, with a team of over 3,100 employees of whom 87% are Saudi nationals. SABB also has branch in London. The Bank is headquartered in Riyadh, Saudi Arabia.
Total Assets
SAR 138.7 billion ($36.97 billion) (31.12.2011)
SAR 125.4 billion ($33.45 billion) (31.12.2010)
SAR 126.8 billion ($33.81 billion) (31.12.2009)
SAR 131.7 billion ($35.1 billion) (31.12.2008)
SAR 98.2 billion ($26.2 billion) (31.12.2007) |
Net Profit
SAR 2.888 billion ($770 million) (31.12.2011)
SAR 1.883 billion ($502 million) (31.12.2010)
SAR 2.032 billion ($542 million) (31.12.2009)
SAR 2.920 billion ($779 million) (31.12.2008)
SAR 2.607 billion ($695 million) (31.12.2007) |
Global Finance Awards
1. World's Best Trade Finance Bank 2011 for Saudi Arabia
2. World's Best Sub-Custodian Bank 2011 for Saudi Arabia
3. World's Best Islamic Financial Institution 2011 - Best Islamic Project Finance Provider
4. SABB named Best Corporate and Institutional Internet Bank in Saudi Arabia
5. SABB named one of the top 10 Safest Banks 2011 in the Middle East
Board of Directors:
Mr Khaled Suliman Olayan, Chairman
Mr Fouad Abdulwahab Bahrawi
Mr Khalid Abdullah Al Molhem
Mr Sulaiman Abdulkhader Al Muhaidib
Mr Mohammed Abdulrahman Sulaiman Al Samhan
Mr Mohammed Omran AlOmran
Mr Simon N Cooper
Mr Zarir Cama
Mr David Dew, Managing Director
Mr Robin Douglas Jones, Executive Director & Chief Operating Officer
SABB Head Office
P.O. Box 9084
Riyadh 11413
Kingdom of Saudi Arabia
Phone: +966 (0) 1 4050677
Fax: +966 (0) 1 405 0660 |
SABB London Branch
18c Curzon Street
Mayfair, London
United Kingdom
W1J 7SX
Tel: 020-7409-2567 |
Website: www.sabb.com, www.sabbtakaful.com
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