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Who are we?

 

In compliance with Article 6f of the CMA’s Authorised Persons Regulations (APR), SABB Securities Limited is an expansion of SABB’s brokerage and securities services.  SABB Securities is a majority owned subsidiary of SABB (The Saudi British Bank), with a registered capital of SAR 52.4 million.

 

The company operates SABB’s existing range of securities products and services. Management of the company is through formal agreement with HSBC Saudi Arabia Limited.

 

Activities

 

SABB Securities engages in dealing in capital markets, custody and management of securities services (including custody and clearing, fund administration services, corporate trust services and clearing agent services). 

 

Board of Directors

 

The Company has an independent board of directors appointed by SABB and a chairman.  This is composed (in accordance with the Articles of Association) of three members.

 

Distribution of Network

 

SABB Securities will operate through a vast network of branches throughout the Kingdom.