The Saudi British Bank (1060) Stock Overview

Saudi Awwal Bank, together with its subsidiaries, provides banking and financial services in the Kingdom of Saudi Arabia. The company operates through Wealth & Personal Banking, Corporate and Institutional Banking, Treasury, Capital Markets, and Others segments. The company's personal banking services include current and savings, and commodity investment accounts; personal and home financing, and financing against cash deposits products; credit, debit, and prepaid cards; wealth management solutions; investment services; payments and transfer services; private banking services; safe deposit lockers; and online, mobile, and phone banking services. Its business banking services comprise deposit accounts, credit facilities, and business credit cards; liquidity and cash management services, including collection and payment management services, and point of sale services; trade and receivables finance services, which include export and import services, guarantees, structured trade solutions, and e-solutions; and markets products and services comprising foreign exchange, derivative solutions, deposits and loans, bonds, fixed income, structured products, and Islamic solutions. The company also acts as an insurance agent; and purchases, sells, and leases land and real estate properties. The company was formerly known as Saudi British Bank and changed its name to Saudi Awwal Bank in June 2023. Saudi Awwal Bank was founded in 1978 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.