Saudi Awwal Bank (SAB) News - Mubasher Info
Palestine
Mubasher TV
 Contact Us Advertising   العربية
Palestine
PEX Pre Close
04 April 09:17 PM

Saudi Awwal Bank (1060.B)

Last update: 7 April 2025 03:00 PM market time.
37.05
3.55
10.60%
Open 37.05
Previous Close 33.50
High 37.05
Low 37.05
Stock Statistics
Volume 2,388
Turnover 88,475.40
All data are 15 minutes late during market session

News

8 January 2015 07:55 AM SABB cleared to raise capital
Saudi Arabia’s Capital Market Authority (CMA) gave the go-ahead for Saudi British Bank (SABB) to increase its capital from SAR 10 billion to SAR 15 billion through 1-for-2 bonus share distribution.Shareholders of record until the close of …
Company News
30 December 2014 00:13 PM KFH secures $350m Islamic syndicated loan for KFH-Turkey
Kuwait Finance House (KFH) has announced the successful conclusion of USD 350 Mln syndicated club murabaha facility for KFH-Turkey.The Bank said , in a press release, that the deal was twice oversubscribed and was conducted in a record …
Company News
25 December 2014 09:44 AM HSBC subsidiary plans share issue to boost capital to $4bn
 The Board of Directors of Saudi British Bank, an affiliate of HSBC Holdings, has recommended increasing the bank's capital by 50% to SAR 15 billion ($4 billion) through a bonus share issuance.The announcement which came on Wednesday revealed that …
Company News
24 December 2014 10:41 AM SABB board endorses cash dividend, capital hike
The Saudi British Bank (SABB) announced, in a statement to Tadawul Wednesday that its board of directors has decided to recommend to the bank's extraordinary general meeting the increase of the bank’s capital from SAR 10,000 million …
Corporate Actions
10 December 2014 05:45 PM Al Hokair gets SAR350m financing from SABB
Fawaz Abdulaziz Al Hokair Co. signed on Wednesday a credit facility agreement worth SAR 350 million with Saudi British Bank (SABB).The financing agreement is valid from 10/12/2014 till 30/04/2015, which is renewable for one …
Company News
2 December 2014 11:37 AM Marafiq inks SAR 2.5bn Murabaha loan
Power and Water Utility Co. for Jubail and Yanbu (Marafiq) has signed a long-term Murabaha syndicated loan worth SAR 2.5 billion with five local banks, according to local media.The banks are Al-Rajhi Bank, National Commercial Bank (NCB), …
Sukuk and Islamic Finance
30 November 2014 10:30 AM Fitch affirms ratings of 11 Saudi banks
Fitch Ratings has affirmed at 'A+' the long-term Issuer Default Ratings (IDR) of Al Rajhi Bank, National Commercial Bank (NCB), Riyad Bank and SAMBA Financial Group (SAMBA), according to the agency’s website.The agency also affirmed at …
Company News
25 November 2014 10:40 AM SABB Takaful names board member
SABB Takaful said the board, in a meeting held on Nov. 23, appointed Mr. David Kenny as a non-executive board member, representing Saudi British Bank (SABB) and HSBC.Kenny replaced Mr. Mohamed Saad Bin Dawood, as of the decision …
Company News
16 October 2014 03:46 PM SABB Q3 profit climbs 25% to SAR 1.06bn
The Saudi British Bank (SABB), the Kingdom's fifth-largest listed lender by assets, reported SAR 1,058.96 million net earnings for the third quarter of 2014, rising 25.21% year-on-year from SAR 845.78 million but falling …
Corporate Actions
16 October 2014 10:35 AM Bawan signs SAR 550m Islamic financing deal with SABB
Saudi Arabia-based Bawan Holding signed on Oct. 15 a SAR 550 million Islamic facility agreement with the Saudi British Bank (SABB).The financing period extends from Oct. 15, 2014 until Jan. 31, 2015.This agreement is to finance the company’s …
Sukuk and Islamic Finance
12 October 2014 05:07 PM Low single-digit profit growth likely for 51 Saudi firms – report
In a recent report, MubasherTrade Research has stated that Saudi Arabia’s aggregate earnings (based on 51 companies) to grow +6% year-on-year to SAR 25.5 billion in CQ3 2014, led by Financials (+16% y/y, 82% of growth) …
Corporate Actions
24 September 2014 08:34 AM Emaar EC gets SAR 2 bln Murabaha financing from SABB
Emaar The Economic City (Emaar EC) signed on Sept. 22 a SAR 2,000 million Murabaha financing agreement with the Saudi British Bank (SABB).The loan period extends from Sept. 25, 2014 until Sept. 25, 2021.The purpose of the …
Corporate Actions
18 September 2014 08:57 AM SABB Takaful board member quits
SABB Takaful said the board, in a meeting held on Sept. 17, approved the resignation of board member (non-executive) Mr. Mohammed Saad bin Dawud, the representative of Saudi British Bank (SABB). The resignation was submitted on July 13, …
Corporate Actions
27 August 2014 08:22 AM SABB board member quits
The Saudi British Bank (SABB) said the board, in a meeting held on August 26, approved appointing Nigel Hinshelwood as a non-executive board member, representing HSBC as of Sept. 1, 2014.Hinshelwood came to replace Zarir Cama who …
Corporate Actions
26 August 2014 09:14 AM SAPTCO inks SAR 64.2 mln Islamic financing deal with SABB
The Saudi Public Transport (SAPTCO) signed yesterday a Murabaha banking facility worth SAR 64.2 million with the Saudi British Bank (SABB).The facility, secured by a promissory note, aims to finance the purchase of 350 Mitsubishi …
Sukuk and Islamic Finance
7 August 2014 00:56 PM SABB hits highest level since mid-2008
SABB stock has reached SAR 60 at 11:30 a.m. Mecca local timing, which is the stock’s highest level since May 17, 2008 when it reached SAR 60.30.This uptrend was coupled with growth in trading volume to 200.000 shares, compared with …
Company News
3 August 2014 04:34 PM Saudi banks continue decreasing provisions, set aside SAR 1.45 bln in Q2
The provisions booked by the Saudi banks in Q2-14 reached SAR 1.45 billion ($387.8 million), increasing 22% y/y from SAR 1.19 billion ($317.96 million) but falling 11.1% q/q from SAR 1.64 billion ($436.3 million).Al-Rajhi Bank and …
Company News