SABB was established in 1978 as a Saudi Joint Stock Company and traces its origins in Saudi Arabia back almost 70 years, during which time it has been an active partner supporting the Kingdom’s economic growth and social development. As a partner of the HSBC Group, SABB is one of the leading corporate and institutional banks in the Kingdom with a top Wealth & Personal Banking proposition. SABB is also a leader in Saudi Arabia and the region in trade finance, foreign exchange, equity and debt wholesale banking, digital service innovation, and ESG, paving the way for transformation and excellence.
SABB offers integrated financial and banking services, including corporate banking, investment, private banking, and treasury. SABB’s paid-up capital is SAR 20.5 billion after the legal merger with Alawwal Bank, as the two banks became one entity and one of the largest banks in the Kingdom of Saudi Arabia.