About Alawwal BankLast updated on: 05 March 2020

Business Summary

Provides conventional and Islamic commercial banking services including deposits, loans and credit cards.

Country of Incorporation

Saudi Arabia

Ownership Type

Publicly Listed

Established In

1976

Primary Sector

Financial Services

Number of Employees

-

Stock Listing

ID	Stock Type	Currency	Exchange	Symbol
1040.SSE	Ordinary	SAR	Saudi SE	1040

Contact details

Primary address

Country: Saudi Arabia
City: Riyadh

Region

Riyadh

Latest News

Alawwal Bank, SABB merger targeted to complete on March 14

Alawwal Bank’s accounts and services will be transferred to the two banks’ enhanced, single banking proposition

Mubasher - 08 Mar 2021

Strong capital base gives Saudi SABB buffer against pandemic shock

The bank ended the quarter strongly capitalized, with a core equity tier 1 ratio in excess of 18% and abundant liquidity that can be deployed for lending

Arab News - 27 Aug 2020

SABB named Saudi Arabia’s ‘best trade finance bank’ for 2020

SABB remains the trade provider of choice in Saudi Arabia as evidenced by market share

Arab News - 03 Jun 2020

Saudi British Bank reports profit of $749.4mln for 2019

SABB recorded a net profit of $239.6mln after zakat and income tax for the three months ended Dec. 31, 2019

Arab News - 05 Mar 2020

Saudi British Bank reports 2019 net profit at $749mln

SABB’s financial results for 2019 include the financial results of Alawwal Bank from the merger date onwards

TradeArabia - 27 Feb 2020

More

SABB becomes the first bank to introduce instant international transfer digitally

This service is fast, easy and with few requirements for transferring, just by using the beneficiary's mobile number or any other preferred information

Press Release - 01 Apr 2021

SABB named "Best service trade finance" and "Market leader trade finance" by Euromoney

This is the 5th successive year that SABB has picked up these coveted awards, widely acknowledging SABB as the pre-eminent trade finance bank in the Kingdom

Press Release - 17 Mar 2021

"Aljawhara" a unique project in the heart of Riyadh exceeding 1.5 million square meters

Progress is moving towards developing "Aljawhara" as a distinctive project to be the most prestigious neighborhood in the city of Riyadh, as it will include one of the largest parks in the Kingdom of Saudi Arabia.

Press Release - 14 Sep 2020

SABB hosts the 2019 Economist Roadshow

The key speakers at the Roadshow this year were Mr. Stephen King - HSBC Senior Economist Advisor, Mr. David Bloom - HSBC Global Head of FX Strategy, and Mr. Simon Williams - HSBC Chief Economist, CEEMEA.

Press Release - 14 Nov 2019

Alawwal Bank & SABB join forces with Alnahda Society to increase financial literacy among Saudi women

The bank will provide SAR 650,000 to fund Alnahda's 'Khazna' project, a series of workshops for low income Saudi women to learn essential money management skills.

Press Release - 06 Nov 2019

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FAB initiates share transfer process for acquiring 100% of Bank Audi sae (Egypt) unlocking future growth opportunities in MENA

FAB's first international acquisition in line with targeted growth strategy in high potential markets in MENA

Press Release - Wednesday 21 April 2021

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Ownership

Access the broadest and deepest company data available on Eikon

Investor	Holding	No. of Shares	Last Update

Investor	Holding	No. of Shares	Last Update

Stocks	Last Price	% Change
SABB	29.650 SAR	-0.50
Samba Financial Group	-	-
RIYAD BANK	25.750 SAR	-0.96
BANQUE SA FRANSI	36.900 SAR	0.14
ARAB BANK	21.500 SAR	0.00

Alawwal Bank (merged) (1040.SE)

About Alawwal BankLast updated on: 05 March 2020

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