Alawwal Bank (Alawwal), Saudi Arabia - Latest News and Developments

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

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

Mideast Stocks: Factors to watch on June 19

Here are some factors that may affect Middle East stock markets on Wednesday

Reuters News - 19-Jun-2019

Moody's affirms ratings of SABB, withdraws Alawwal’s ratings

Moody's has also affirmed the baseline credit assessment (BCA) of SABB at a3 with a stable outlook

Mubasher - 19-Jun-2019

Mideast Stocks: Emirates NBD boosts Dubai, all major Gulf markets gain

Qatar, Abu Dhabi end three days of losses

Reuters News - 18-Jun-2019

Mideast Stocks: Saudi extends gains; other major Gulf markets slip

The Saudi index was up 0.4% in early trading, but other major stock markets in the Gulf fell

Reuters News - 18-Jun-2019

Stocks	Last Price	% Change
SABB	29.800 SAR	2.94
Samba Financial Group	-	-
RIYAD BANK	26.000 SAR	2.16
BANQUE SA FRANSI	36.850 SAR	-1.21
ARAB BANK	21.500 SAR	-0.19

Alawwal Bank (merged) (1040.SE)

Alawwal Bank, SABB merger targeted to complete on March 14

Strong capital base gives Saudi SABB buffer against pandemic shock

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

Saudi British Bank reports profit of $749.4mln for 2019

Saudi British Bank reports 2019 net profit at $749mln

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

Mideast Stocks: Factors to watch on June 19

Moody's affirms ratings of SABB, withdraws Alawwal’s ratings

Mideast Stocks: Emirates NBD boosts Dubai, all major Gulf markets gain

Mideast Stocks: Saudi extends gains; other major Gulf markets slip

Company information provided by Refinitiv

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