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SABB is a Saudi Joint Stock Company with a strong track record and a heritage that stretches back more than 30 years. Established in 1978, SABB took over the operations of The British Bank of the Middle East in the Kingdom of Saudi Arabia. SABB operates through a network of 84 branches, including 15 exclusive Ladies’ branches, with a team of 3232 employees of whom 87% are Saudi nationals as at 31 December 2008. SABB is an Associated Company of the HSBC Group. This association means that SABB customers not only have access to our own market-leading services and customer care, but can also tap into the HSBC Group’s global network, resources, skills, specialist knowledge and expertise. banking services includes Personal, Commercial, Corporate, Private and Islamic Banking; Investment, Treasury and Trade Services, and Credit and ATM Cards that are welcomed in more than 18 million commercial outlets within the Kingdom and around the world.
|2021-07-02||Moody's Investors Service downgrades LT- foreign currency credit rating of SABB to "A2"; outlook stable|
|2021-07-02||Moody's Investors Service downgrades LT- local currency credit rating of SABB to "A2"; outlook stable|
|2021-06-18||Fitch Ratings revised outlook on SABB to stable and affirmed at "BBB+" (LT Int. Scale (foreign curr.)) credit rating|
|2021-06-18||Fitch Ratings revised outlook on SABB to stable and affirmed at "BBB+" (LT Int. Scale (local curr.)) credit rating|