Saudi Investment Bank (SAIB) News - Mubasher Info
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Saudi Investment Bank (1030)

Last update: 28 March 03:15 PM market time.
16.56
-0.02
-0.12%
Open 16.46
Previous Close 16.58
High 16.70
Low 16.38
Stock Statistics
Volume 1,409,470
Turnover 23,293,761.26
All data are 15 minutes late during market session

News

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25 March 04:35 PM SAIB obtains CMA’s nod for SAR 2.5bn capital raise
Riyadh – Mubasher: The Capital Market Authority (CMA) approved the capital hike of the Saudi Investment Bank (SAIB) by granting one bonus share for every four owned shares. SAIB will transfer SAR 2.50 billion from the statutory reserve account to …
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18 February 02:01 PM SAIB’s board proposes SAR 450m dividends for H2-2023, 25% capital hike
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) announced that its board of directors recommended the distribution of interim cash dividends at a value of SAR 450 million for the second half (H2) of 2023. The proposed dividends amount to SAR …
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4 February 01:04 PM SAIB’s net profits up to SAR 1.7bn in 2023
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) achieved net profits valued at SAR 1.76 billion in 2023, marking an annual jump of 16.82% from SAR 1.50 billion. The clients’ deposits increased by 19.62% year-on-year (YoY) to SAR 83.23 billion …
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30 January 12:29 PM MIS renews SAR 137m facility deal with SAIB
Riyadh – Mubasher: Al Moammar Information Systems Company (MIS) has extended its Sharia-compliant facility deal with the Saudi Investment Bank (SAIB) at a value of SAR 136.80 million. MIS signed the financing agreement on 29 January 2024 and it is …
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26 October 2023 01:34 PM SAIB posts 13.5% higher net profits in 9M-23
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) registered a net profit worth SAR 1.31 billion in the first nine months (9M) of 2023, higher by 13.54% than SAR 1.15 billion in 9M-22. SAIB reported clients’ deposits standing at SAR 85.45 …
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30 July 2023 11:17 AM SAIB to pay SAR 400m dividends for H1-23
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) announced the board’s decision to disburse cash dividends after zakat worth SAR 400 million for the first half (H1) of 2023, according to a bourse filing. The lender will grant SAR 0.40 per …
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27 July 2023 02:51 PM SAIB’s net profits near SAR 853m in H1-23
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) generated SAR 852.70 million in net profit during the first half (H1) of 2023, an annual surge of 40.31% from SAR 607.70 million. The lender posted 22.54% higher clients’ deposits at SAR 82.66 …
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1 May 2023 10:24 AM SAIB’s profits hit SAR 409m in Q1-23 interim results
Riyadh – Mubasher: Saudi Investment Bank (SAIB) registered a 42.47% year-on-year (YoY) leap in net profit to SAR 408.90 million during the first quarter (Q1) of 2023, compared to SAR 287 million. The earnings per share (EPS) hit SAR 0.39 in Q1-23, …
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11 April 2023 00:14 PM SAIB's shareholders nod to H2-22 dividends
Riyadh – Mubasher: The shareholders of Saudi Investment Bank (SAIB) approved the board’s recommendation to disburse cash dividends worth SAR 450 million for the second half (H2) of 2022. SAIB will grant SAR 0.45 per share, equivalent to 4.50% of …
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21 February 2023 10:37 AM SAIB witnesses 42% higher profits in 2022 results
Riyadh – Mubasher: Saudi Investment Bank (SAIB) generated net profits worth SAR 1.50 billion in 2022, an annual hike of 42.03% from SAR 1.06 billion, according to the annual income statements. Earnings per share (EPS) stood at SAR 1.37 last year, …
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24 January 2023 02:07 PM SAIB announces redemption, raising value of Tier 1 Capital Sukuk
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) plans to redeem the Additional Tier 1 Capital Sukuk that was announced on 21 March 2018 at a value of SAR 1 billion, according to a bourse disclosure. SAIB issued the 1,000 Sukuk notes through a …
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25 December 2022 10:17 AM SAIB’s board proposes SAR 450m dividends for H2-22
Riyadh – Mubasher: The board of Saudi Investment Bank (SAIB) recommended cash dividends after Zakat to shareholders worth SAR 450 million for the second half (H2) of 2022, according to a bourse filing. The lender would pay out SAR 0.45 per share, …
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13 November 2022 04:24 PM Alkhorayef Water announces SAR 86m purchase deal via SAIB’s facility
Riyadh – Mubasher: Alkhorayef Water and Power Technologies Company bought a new building in Riyadh from Inma Alasima for Real Estate Development Establishment at a value of SAR 86.25 million. Alkhorayef Water noted that the purchase deal will be …
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27 October 2022 01:57 PM SAIB’s profits exceed SAR 1bn in 9M-22 interim financials
Riyadh – Mubasher: The net profits of Saudi Investment Bank (SAIB) reached SAR 1.15 billion in the first nine months (9M) of 2022, higher by 49.25% than SAR 775.60 million in 9M-21. The earnings per share (EPS) increased to SAR 1.10 in 9M-22 from …
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27 September 2022 01:38 PM Saudi Parts Center obtains SAR 30m loan from SAIB
Riyadh – Mubasher: Saudi Parts Center Company has signed a Sharia-compliant credit facility agreement worth SAR 30 million with Saudi Investment Bank (SAIB). The company obtained the loan on 26 September 2022 to purchase materials and finance its …
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28 July 2022 06:16 PM SAIB witnesses 21% higher profits in H1-22 initial results
Riyadh – Mubasher: Saudi Investment Bank (SAIB) has posted a 21.22% year-on-year (YoY) growth in net profit to SAR 607.70 million during the first half (H1) of 2022, compared to SAR 501.30 million. Earnings per share (EPS) stood at SAR 0.56 in …
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24 July 2022 01:54 PM SAIB to pay SAR 300m dividends for H1-22
Riyadh – Mubasher: The board of Saudi Investment Bank (SAIB) has announced cash dividends distribution after Zakat worth SAR 300 million for the first half (H1) of 2022. The Saudi lender will disburse SAR 0.30 per share, representing 3% of the …
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23 June 2022 04:42 PM SAIB commences SAR-denominated Tier 1 Sukuk offering
Riyadh – Mubasher: Saudi Investment Bank (SAIB) has started the offering of its SAR-denominated Tier 1 Sukuk at a par value of SAR 1 million. The offering will take place during 21-28 June this year, according to a recent bourse disclosure. …
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1 May 2022 05:53 PM SAIB plans full redemption of SAR 285m Sukuk
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) intends to fully redeem Additional Tier 1 Capital Sukuk amounting to SAR 285 million on 6 June this year, the first call date. SAIB had issued the 285 Sukuk notes on 6 June 2017 at a par value of …
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28 April 2022 04:49 PM MIS renews SAR 150m facility with SAIB
Riyadh - Mubasher: Al Moammar Information Systems Company (MIS) has renewed a Sharia-compliant facility worth SAR 149.80 million with Saudi Investment Bank (SAIB). Valid until 30 April 2023, the funding aims to finance projects and issue letters …
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27 April 2022 03:19 PM SAIB’s profits leap 34.5% in Q1-22 interim results
Riyadh – Mubasher: The net profits of Saudi Investment Bank (SAIB) surged by 34.42% to SAR 287 million in the first quarter (Q1) of 2022, compared to SAR 213.50 million in Q1-21. Earnings per share (EPS) rose to SAR 0.27 in Q1-22 from SAR 0.21 in …
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4 April 2022 00:45 PM Zahrat Al Waha renews SAR 115.5m loan deal with SAIB
Riyadh - Mubasher: Zahrat Al Waha for Trading Company has renewed a credit facilities agreement worth SAR 115.57 million with Saudi Investment Bank (SAIB). In line with the Sharia regulations, the financing will extend from 3 April to 31 July this …
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20 March 2022 08:44 PM SAIB plans to issue SAR-denominated Sukuk programme
Riyadh – Mubasher: Saudi Investment Bank (SAIB) intends to issue SAR-denominated Tier 1 Sukuk programme, under which it will offer a total value not exceeding SAR 2 billion through a private placement. The bank has assigned Alistithmar for …
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8 February 2022 04:25 PM SAIB registers 8% higher profits in 2021
Riyadh – Mubasher: The net profits of Saudi Investment Bank (SAIB) increased by 8.38% to SAR 1.06 billion in 2021, compared to SAR 979 million in the earlier year. The bank's net income from special commissions amounted to SAR 2.36 billion in …
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6 February 2022 06:07 PM SAIB’s shareholders approve SAR 2.5bn capital raise
Riyadh - Mubasher: The extraordinary general meeting (EGM) of Saudi Investment Bank (SAIB) have approved a capital increase of SAR 2.50 billion (33.3%) through bonus shares earlier this month, according to a bourse disclosure. The nod will bring …