RIYADH (Reuters) - HSBC's Saudi affiliate SABB bank <1060.SE> missed forecasts and two other banks in the kingdom reported sharp falls due to high provisions to counter exposure to troubled Saudi ...
DUBAI (Reuters) - Saudi British Bank (SABB) and Alawwal Bank have agreed a merger to create Saudi Arabia's third-biggest lender, in a $5 billion deal that marks the first major banking tie-up in the ...
RIYADH, April 13 (Reuters) - Saudi bank SABB <1060.SE> posted an 18 percent drop in first-quarter earnings as income from lending dropped, underlining the cautious stance by banks in the kingdom after ...
Add Yahoo as a preferred source to see more of our stories on Google. By Tom Arnold and Hadeel Al Sayegh DUBAI, May 16 (Reuters) - Saudi British Bank (SABB) and Alawwal Bank have agreed on a merger, ...
SABB bank, HSBC’s Saudi subsidiary, confirmed on Monday plans for a 1-for-4 bonus share issue.The issue will raise its capital to 7.5 billion riyals ($2 billion), SABB said in a statement posted on ...
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