Saudi British Bank SJSC
SAU:1060
Saudi British Bank SJSC
Total Deposits
Saudi British Bank SJSC
Total Deposits Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Total Deposits | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Saudi British Bank SJSC
SAU:1060
|
Total Deposits
ď·Ľ307.6B
|
CAGR 3-Years
16%
|
CAGR 5-Years
10%
|
CAGR 10-Years
8%
|
||
Alinma Bank SJSC
SAU:1150
|
Total Deposits
ď·Ľ115.9B
|
CAGR 3-Years
9%
|
CAGR 5-Years
12%
|
CAGR 10-Years
15%
|
||
Saudi National Bank SJSC
SAU:1180
|
Total Deposits
ď·Ľ717.6B
|
CAGR 3-Years
1%
|
CAGR 5-Years
12%
|
CAGR 10-Years
7%
|
||
Al Rajhi Banking & Investment Corporation SJSC
SAU:1120
|
Total Deposits
ď·Ľ744.2B
|
CAGR 3-Years
15%
|
CAGR 5-Years
20%
|
CAGR 10-Years
11%
|
||
B
|
Bank Albilad Sjsc
SAU:1140
|
Total Deposits
ď·Ľ118.9B
|
CAGR 3-Years
11%
|
CAGR 5-Years
14%
|
CAGR 10-Years
13%
|
|
Riyad Bank SJSC
SAU:1010
|
Total Deposits
ď·Ľ338.8B
|
CAGR 3-Years
11%
|
CAGR 5-Years
12%
|
CAGR 10-Years
7%
|
Saudi British Bank SJSC
Glance View
Nestled within the vibrant economic landscape of Saudi Arabia, the Saudi British Bank (SJSC), commonly known as SABB, stands out as a prominent financial player. Established in 1978, this institution has adeptly navigated the shifting economic tides by forging a robust partnership with the global financial giant HSBC. SABB provides a comprehensive suite of financial services encompassing personal banking, corporate finance, wealth management, and insurance products. The bank operates by leveraging a vast network of branches and digital platforms to offer financial solutions tailored to diverse customer needs. By merging local insights with international best practices, SABB ensures its offerings resonate well with individual customers and corporate clients, thus fostering long-term relationships and trust. SABB's financial mechanisms are intricately tied to the country's economic growth and diversification strategies, notably those outlined in Saudi Arabia's Vision 2030. Revenue streams primarily derive from traditional banking activities like securing interest income from loans and credit facilities, alongside non-interest income from services such as wealth management and trade finance. Furthermore, with a strategic focus on digitization, SABB is expanding its digital footprint to capture the burgeoning demand for online banking and fintech solutions. This combination not only enhances customer convenience but also optimizes operational efficiency, reducing costs and driving profitability. Through steady innovation and adaptation, the Saudi British Bank continues to carve its niche amidst the dynamic financial fabric of the region.
See Also
What is Saudi British Bank SJSC's Total Deposits?
Total Deposits
307.6B
SAR
Based on the financial report for Sep 30, 2024, Saudi British Bank SJSC's Total Deposits amounts to 307.6B SAR.
What is Saudi British Bank SJSC's Total Deposits growth rate?
Total Deposits CAGR 10Y
8%
Over the last year, the Total Deposits growth was 18%. The average annual Total Deposits growth rates for Saudi British Bank SJSC have been 16% over the past three years , 10% over the past five years , and 8% over the past ten years .