The successful closure of this Sukuk puts SHB
as the first bank in the Middle East to support its capital in a Shariah-compliant manner," SHB
's Chairman Mubarak Al-Khafrah said after closure of the issue.
SAMBA, ANB, SHB
and SABB were worse than expected, while Alinma, SABB, BSFR, Albilad were best at protecting their spreads.
Today, the A-series shares in SHB
, SEB and Swedbank opened at SEK195.
Bernd Van Linder, and Misys General Manager for the Middle East and South Asia Mr Maruf Majid following a competitive tender process orchestrated by SHB
involving several global firms in the financial software market.
The combination of Cross Match and SHB
creates a highly responsive international company capable of supplying advanced biometric products and services to meet customers' critical global security needs.
At end-2010, SHB
reported a Fitch core capital ratio of 12.
6 July 2010 - Deutsche Bank has upgraded its share price targets on three of Sweden's four major banks -- Svenska Handelsbanken (STO: SHB
A), or SHB
, Skandinaviska Enskilda Banken (STO: SEB AA), or SEB, and Swedbank (STO: SWED A) -- while cutting the target on Nordea (STO: NDA) (HEL: NDA1V).
began operations in the kingdom in 1926, financing the financial needs of pilgrims from Indonesia; over the years the nature of its franchise has changed several times and it is now an affiliate of Holland's ABN AMRO Bank.
has undertaken to register these shares for redemption.
Sweden-based Nordea Bank (STO: NDA) and Svenska Handelsbanken (STO: SHB
A), or SHB
, as well as Norwegian DnB NOR ASA (OSL: DNBNOR) registered an income growth of over 20%, while the income of SEB shrank by 8% and that of Swedbank (STO: SWED A) -- by 2%.
Ulf Riese, President of Handelsbanken Finans comments: In the SHB
group we regard the whole Nordic region as our domestic market.
is Saudi Arabia's fourth-smallest bank by total assets, with a market share of about five per cent.