Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) on Tuesday said that trading on the Saudi British Bank (SABB) has been suspended upon the bank’s request.

The kingdom's sixth-largest lender by assets requested the Saudi bourse to halt trading activities on its stock as it plans to announce an event and trading will be resumed on Wednesday, 16 May, according to a statement to Tadawul.

On a separate statement, Tadawul further noted that trading on Alawwal Bank's shares will be suspended upon the bank’s request to announce an event.

Trading on Alawwal bank's stocks will be resumed after unveiling the event.