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

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

Middle East M&A and IPO activity to remain attractive despite global economic uncertainty

Saudi Aramco's proposed floatation of 2% of its shares could boost Middle East IPO activity in 2020

ZAWYA - 17 Oct 2019

More

"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

SABB reports profit of SAR 1,913 million for the nine months period ended 30 September 2019

This is a decrease of SAR 954 million or 33.3 % compared to SAR 2,867 million for the same period in 2018

Press Release - 03 Nov 2019

Global and Middle East M&A and IPO to drop in 2020 facing an uncertain economic landscape

M&A to drop 25% and IPOs to drop more than 20% in value

Press Release - 15 Oct 2019

All Press Releases

UAE Ministry of Interior holds anti-money laundering course with Spanish counterpart

The course runs for one week

WAM (Emirates News Agency) - Sunday 28 February 2021

FAB shareholders approve cash dividends of AED 8.08 billion for the full year 2020

To mitigate the effects of COVID-19, FAB's GAM was held in a hybrid format with both physical and virtual attendance options available to shareholders

Press Release - Sunday 28 February 2021

Aramco seeks one-year extension on $10bln loan -sources

LPC cited a banker as saying it was possible Aramco would try to push down pricing

Reuters News - Sunday 28 February 2021

ALEXBANK collaborates with "UnionPay International" and "Network International" to expand retail payment services to the benefit of consumers and merchants in Egypt

The agreement will allow the acceptance of UPI cards across the entire ALEXBANK's merchant network

Press Release - Sunday 28 February 2021

The Oman American Business Center highlights trade financing solutions with the Export-Import Bank of the United States, in partnership with the U.S. Embassy Muscat

March 3 session will cover loan guarantees, long-term financing, and other opportunities for companies in Oman

Press Release - Sunday 28 February 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
ASSIR TRADING	22.340 SAR	5.38
SAUDI INV BANK	15.580 SAR	-0.76
AL JAZIRA BANK	13.420 SAR	-0.30
SAMBA FIN GROUP	33.600 SAR	-0.44
ARAB BANK	19.660 SAR	1.55
RIYAD BANK	19.980 SAR	0.91

Alawwal Bank (merged) (1040.SE)

About Alawwal BankLast updated on: 05 March 2020

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