Saudi British Bank

The Saudi British Bank is a Riyadh-based Saudi joint stock company in which British banking firm HSBC Holdings PLC owns a minority stake. The bank traces its origins to the British Bank of the Middle East which was acquired by HSBC in 1959.

The Saudi British Bank engages in the finance sector. Its operates through the following business segments: Retail Banking, Corporate Banking, Treasury, and Others. The Retail Banking segment caters to the banking requirements of personal and private banking customers. The Corporate Banking segment deals with the banking requirements of commercial and corporate banking customers. The Treasury segment manages the bank’s liquidity, currency and special commission rate risks, funds the bank’s operations, manages the bank’s investment portfolio and statement of financial position, and offers hedging and investment product solutions to its customers. The Others segment includes activities of SABB Securities Limited and investment in associates. The company was founded on January 21, 1978 and is headquartered in Riyadh, Saudi Arabia.