Saudi Joint Stock Company - SABB

SABB is a Saudi Joint Stock Company with a strong track record and a heritage that stretches back more than 30 years. Established on 12 Safar 1398(H) (21 January 1978), SABB formally commenced activities on 26 Rajab 1398(H) (01 July 1978) when it took over the operations of The British Bank of the Middle East in the Kingdom of Saudi Arabia

Profile & Mission

SABB is an Associated Company of the HSBC Group, one of the world’s largest banking and financial services organisations with over 10,000 offices in 83 countries and territories across Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. This association means that SABB customers not only have access to our own market-leading services and customer care, but can also tap into the HSBC Group’s global network, resources, skills, specialist knowledge and expertise

Credit Ratings

British Bank (SABB)	STANDARD & POOR'S		FITCH		Moody's
	RATING	OUTLOOK	RATING	OUTLOOK	RATING	OUTLOOK
Long Term/Senior	A	Stable	A	Stable	Aa3	Stable
Short Term	A-1		F1		P-1

Assets

SAR 188 billion at 31 December 2014.

SAR 177.3 billion at 31 December 2013.

SAR 156.7 billion at 31 December 2012.

SAR 138.7 billion at 31 December 2011.

SAR 125.4 billion at 31 December 2010.

Profit

SAR 4,266 million at 31 December 2014.

SAR 3,774 million at 31 December 2013.

SAR 3.240 million at 31 December 2012.

SAR 2.888 million at 31 December 2011.

SAR 1.883 million at 31 December 2010.

Capital Strength:

SABB paid up capital is SAR 15 billion with share capital ownership split as follows:

60%	Saudi Nationals
40%	HSBC Holdings BV (a wholly owned subsidiary of HSBC Holdings plc)

Network

SABB operates through a network of 99 branches, including 18 exclusive Ladies’ sections, with a team of 3,314 employees of whom 89.9 % are Saudi nationals as at 31 December 2014.

Products and Services

Enhanced levels of service for all our customers – that’s what we at SABB consistently strive for. Our range of banking services includes Personal, Commercial, Corporate, Private and Islamic Banking; Investment, Treasury and Trade Services, and Credit and ATM Cards that are welcomed in more than 18 million commercial outlets within the Kingdom and around the world. In addition SABB ATM and credit cards can access more than 350,000 ATMs in the Kingdom and around the world. Our Electronic, Internet and Telephone Banking facilities allow customers to conduct banking business from the comfort of their own homes or offices and our information delivery channels now include mobile telephone technology and Short Message Services (SMS).