THE MIDDLE EAST'S

TOP 30 BANKS 2022

11. Saudi British Bank (SABB)

Country : Saudi Arabia
Managing Director and CEO: Tony Cripps
Market value: $21.8 billion
Revenues: $2.6 billion
Profits : $854 million
Assets: $72.6 billion

SABB was established in 1978 as a Saudi joint-stock company. It provides commercial, private, and Islamic banking services to individuals and companies through 108 branches in Saudi Arabia. The bank completed a merger with Alawwal Bank in June 2019. The HSBC Group owns 31% of SABB’s shares.