Security Center
ATM & BranchesSABB COMPLETES ON SALE OF 2% SHAREHOLDING IN HSBC SAUDI ARABIA TO HSBC ASIA HOLDINGS B.V.
|
Wealth Management
Low Limit Credit Cards
Debit Cards
Prepaid Card
ICSAB+
Finance
Help & Support
Help & Support
Tools & Resources
Ways to Bank
Help & Support
ESG at SAB
Security
How can we help?
Filter
Looks like we don’t have any matches for
Try a different search term or check out some of our suggestions below.
Frequently Asked Questions
Have questions about SAB banking services? Let us help you with these frequently asked questions.
FAQS
Customer Service
Our friendly Customer Support team are on hand to help with any queries you have. We're here to help!
Contact UsQuick Links
Filters
October 2019
On 1st October, SABB completed on the sale of 1,000,000 shares in HSBC Saudi Arabia to HSBC Asia Holdings B.V.
The sale represents 2% of the issued share capital of HSBC Saudi Arabia. As a result of completing the sale, SABB now owns of 49% of the shares of HSBC Saudi Arabia. HSBC Asia Holdings B.V. will now own 51% of HSBC Saudi Arabia.
An associate of the HSBC Group, SABB legally merged with Alawwal bank in June 2019 to become the third largest bank in the Kingdom based on assets. The integration of the two banks continues to make good progress, taking the best of both organisations to create the Kingdom’s leading bank.
Your are now leaving this site
Your are now leaving this site
You are about to leave this site. You are being redirected to an external site. Would you like to leave this site?
© SAB, Saudi Arabia. All Rights Reserved, 2024
Saudi Awwal Bank, a listed joint stock company, incorporated in the Kingdom of Saudi Arabia, with paid in capital of SAR 20,547,945,220, commercial registration certificate 1010025779, unified number 7000018668, Mailing Address: P.O. Box 9084, Riyadh 11413. National Address: 7383 King Fahad Branch Rd, 2338 Al Yasmeen Dist., 13325 Riyadh, Kingdom of Saudi Arabia, Tel. +966 11 4050677, www.sab.com, licensed pursuant to the Council of Ministers Resolution No. 198 dated 06/02/1398H and Royal Decree No. M/4 dated 12/08/1398H, and regulated and supervised by the Saudi Central Bank.