Overview

The Saudi British Bank (SABB) is a licensed financial institution operating under the supervision and control of the Central Bank of the Kingdom of Saudi Arabia (SAMA), and is a partner of the HSBC Group. SABB was established in 1978 as a Saudi joint stock company, and the bank’s origins in the Kingdom of Saudi Arabia go back about 70 years, and since then it has been an active partner in supporting economic growth and social development in the Kingdom. As a partner of the HSBC Group, SABB's vision is to become the leading international bank in the Kingdom, supported by the leading banking solutions it provides in the areas of institutional, corporate, retail and wealth management banking. SABB is also considered one of the leading institutions in innovative digital banking services, trade finance, foreign exchange, equities, and environmental, social and corporate governance in the Kingdom and the region. SABB provides integrated financial and banking services, including retail banking, corporate banking, investment and treasury services. SABB's paid-up capital amounts to 20.5 billion Saudi riyals after the legal merger with Alawwal Bank, whereby the two banks have become one of the largest banks in the Kingdom of Saudi Arabia.