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Sunday, 23 November 2008 | 19:22 UAE time

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SABB

  • 46.00 Last
  • -4.00 (-8.08%) Today's Change
  • 221,451 Volume
  • 48.50-114.00 52 Week Range
  • -28.38 (-38.15%) 52 Week Change
As of 23 Nov 2008 12:28 GMT (Market Closed)

COMPANY DESCRIPTION

Saudi British Bank, a subsidiary of HSBC Holdings, has had a strong presence in the Saudi market for more than 30 years and continues to be a leader in the Kingdom's banking sector.

SABB's association with HSBC allows customers to benefit from regional and international financial services.

The bank, which displays one of the strongest commitments to community service and environmental awareness, has a well developed Islamic finance arm, Amanah, where Sharia-compliant products and services are offered.

Moody's upgraded the bank's rating in early June, cementing a more positive outlook for Saudi British Bank.

KEY INFORMATION

Industry

Commercial Banks

Address

SABB Building, Mosaad Bin Jalawi Street, 9084, Riyadh, Saudi Arabia

T

966 1 4050677

F

966 1 405 0660

E

sabb@sabb.com

W

www.sabb.com

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock 21 Jan 1978 -

MAJOR SHAREHOLDERS

NameCountry
HSBC Holdings UK
Public Pension Agency Saudi Arabia

PORTFOLIO

NameCountry
HSBC Saudi Arabia Saudi Arabia
SABB Securities Saudi Arabia
SABB Takaful Saudi Arabia

OFFICERS

BOARD OF DIRECTORSPosition
Abdullah Mohammed Al Hugail Chairman
Khaled Suleiman Olayan Director
Khaled Abdullah Al Molhem Director
Fouad Abdulwahab Bahrawi Director
Suleiman Abdulkader Al Muhaidib Director
Ahmad Suleiman Banaja Director
John Edward Coverdale Director
Richard Groves Director
David Hodgkinson Director
Youssef Asaad Nasr Director
SHARIA BOARDPosition
Abdullah Suleiman Al Manea Chairman
Abdullah Al Mutlaq Board Member
Mohammed Al Gari Eid Board Member
MANAGEMENTPosition
John Edward Coverdale Managing Director
Adel Marzook Al Nasser Deputy Managing Director
Saeed Al Khuraimi General Manager
Richard Groves Chief Operating Officer
Mansour Tarmazi Chief Financial Officer
John Sfakianakis General Manager & Chief Economist
Nabil Al Hoshan General Manager - Personal Financial Services
Mohammed Bin Abdullah Al Yahya General Manager - Credit Risk
Hlyel Al Hlyel General Manager - Operations & Processing
Hamed Al Omar General Manager - Internal Audit
Mansour Al Bosaily General Manager - Legal Affairs
Satish Jayanardhanan General Manager - Information Technology
Tarek Abdulrahman Al Shubaily General Manager - Human Resources

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