SABB


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AcronymDefinition
SABBSanta Ana Business Bank (Santa Ana, CA)
SABBStorage Array Building Block
SABBSaudi Arabian British Bank (Saudi Arabia)
SABBSolar Array Blanket Box(es)
SABBSwiss Army Brass Band
SABBSelf Aligning Bottom Bracket
References in periodicals archive ?
Sheikh Khaled Olayan, chairman of SABB, said: "During 2017 SABB delivered resilient returns and increased the distribution to shareholders under challenging economic conditions.
2 million) in pre-seed funding with its partner SABB.
SABB is 40 percent owned by HSBC Holdings (LSE: HSBA) and Alawwal is 40 percent owned by Royal Bank of Scotland (LSE: RBS).
Among those was SABB vice chairman Khalid Bin Abdullah al-Mulhem, one of the executives on the bank's merger committee, the sources said.
SABB head of Sharia affairs Ali Al Qahtani said AAOIFI's Sharia standards rank amongst the best compilations of contemporary Fiqh reasoning.
DUBAI/HONG KONG: HSBC Holdings PLC, Europe's biggest bank, will merge its Saudi Arabian wholesale and investment banking business with Saudi British Bank's SABB Securities, it said Monday.
The deal will give SABB 51% in the merged entity that will operate as HSBC Saudi Arabia Ltd, while HSBC will have 49%, but will keep full management control, the British bank said in a statement.
SABB would own 51 per cent of the new entity, to be known as HSBC Saudi Arabia, but HSBC would retain full management control, HSBC said in a statement posted on the Hong Kong stock exchange.
Saudi Arabia-based Al-Rajhi Bank and SABB Bank have posted better results.
SABB, 40 percent owned by HSBC Holdings Plc , made profit of SR 26 million in the fourth quarter of the previous year, it said in a stock exchange statement.
25 per cent on the 3rd quarter of 2010, during which SABB posted a net profit of 419 million Saudi
Saudi-based banks SABB and Riyad sharply raised provisions for loan losses during the second quarter, pressing on with a clean-up of their loan portfolios after defaults by some local firms.