Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Saudi Arabian Stock Exchange  >  The Saudi British Bank    1060   SA0007879089

THE SAUDI BRITISH BANK

(1060)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Dutch state sells Saudi British Bank stake

11/21/2019 | 02:16am EST

The Dutch state on Thursday said it had sold its last remaining shares in Saudi British Bank (SABB).

It has sold more than 75 million shares since it announced its intention to wind down its stake on May 22.

The last batch of 55 million shares sold for 28 riyal each per share this week, the finance ministry said.

The Dutch state acquired its stake in SABB with the nationalisation of the Dutch operations of Belgian bank Fortis in 2008, a year after Fortis took over large parts of Dutch bank ABN Amro.

(Reporting by Bart Meijer; editing by Jason Neely)


© Reuters 2019
Stocks mentioned in the article
ChangeLast1st jan.
ABN AMRO BANK N.V. -1.42% 8.62 Real-time Quote.7.48%
FORTIS INC. 0.71% 52.13 Delayed Quote.-0.46%
JASON CO., LTD. -0.59% 669 End-of-day quote.0.15%
THE SAUDI BRITISH BANK 0.00% 25.4 End-of-day quote.2.75%
All news about THE SAUDI BRITISH BANK
2020Retail traders leave Wall Street for dust in 2020 stocks rally
RE
2020HSBC increases stake in Saudi British Bank to 31% - statement
RE
2020Natwest, Santander to sell more shares in Saudi British Bank - document
RE
2020STATE STREET : Expands Middle East Presence with New Office in Saudi Arabia
AQ
2020Saudi banks face tough few quarters but are well capitalised, say CEOs
RE
2020THE SAUDI BRITISH BANK : Ex-dividend day for final dividend
FA
2019Saudi auto services firm raises $50 million to invest in Aramco IPO
RE
2019Dutch state sells Saudi British Bank stake
RE
2019SAUDI BRITISH BANK SJSC : Ex-dividend day for interim dividend
FA
2019RBS says Saudi bank merger boosts its core capital
RE
More news
Financials
Sales 2020 9 005 M 2 401 M 2 401 M
Net income 2020 -4 102 M -1 093 M -1 093 M
Net Debt 2020 - - -
P/E ratio 2020 -25,9x
Yield 2020 0,35%
Capitalization 52 192 M 13 911 M 13 914 M
Capi. / Sales 2020 5,80x
Capi. / Sales 2021 5,67x
Nbr of Employees 4 537
Free-Float 43,4%
Chart THE SAUDI BRITISH BANK
Duration : Period :
The Saudi British Bank Technical Analysis Chart | 1060 | SA0007879089 | MarketScreener
Technical analysis trends THE SAUDI BRITISH BANK
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 9
Average target price 25,86 SAR
Last Close Price 25,40 SAR
Spread / Highest target 33,1%
Spread / Average Target 1,82%
Spread / Lowest Target -26,4%
EPS Revisions
Managers and Directors
NameTitle
David Robert Dew Managing Director & Executive Director
Lubna Suliman Al-Olayan Chairman
Robin Jones Chief Operating Officer
Mathew Pearce Chief Financial Officer
Khalid bin Abdullah Abdul Al-Molhem Non-Executive Director
Sector and Competitors