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saudi hollandi bank (1040) Snapshot

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saudi hollandi bank (1040) Details

Saudi Hollandi Bank, together with its subsidiaries, provides banking and investment services in the Kingdom of Saudi Arabia. The company operates through Corporate Banking, Personal Banking, Treasury, and Investment Banking and Investment Services segments. The Corporate Banking segment accepts deposits; offers financing, including term loans, overdrafts, syndicated loans, and trade finance services; and provides Internet banking, global transaction, and centralized transfer services to corporate and institutional customers. The Personal Banking segment accepts deposits in various savings and deposit accounts; and provides retail banking products and services, such as consumer loans, overdrafts, and credit cards to individuals and small-to-medium-sized enterprises. The Treasury segment transacts in money market, foreign exchange, commission rate, and other derivative products for corporate and institutional customers. The Investment Banking and Investment Services segment offers securities dealing, managing, arranging, advising, and maintaining custody services. The company also provides Islamic banking products; soft token, bill payment, standing order, bank drafts, and safe deposit box services; cash management; marine cargo, engineering, and fire insurance products; and Murabaha specific investment products. It operates through a network of 55 branches. Saudi Hollandi Bank was founded in 1926 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

2,395 Employees
Last Reported Date: 02/23/15
Founded in 1926

saudi hollandi bank (1040) Top Compensated Officers

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saudi hollandi bank (1040) Key Developments

Saudi Hollandi Bank Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2015

Saudi Hollandi Bank reported earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, net profit for was SAR 451.32 million compared to SAR 461.88 million for the same quarter ended December 31, 2014. Operation income was SAR 865.12 million compared to SAR 805.09 million for the same quarter ended December 31, 2014. For the year, net profit was SAR 2.02 billion or SAR 3.54 per share compared to SAR 1.82 billion or SAR 3.19 per share for the year ended December 31, 2014. Operation income was SAR 3.60 billion compared to SAR 3.18 billion for the year ended December 31, 2014.

Saudi Hollandi Bank Reports Earnings Results for the Third Quarter Ended September 30, 2015

Saudi Hollandi Bank reported earnings results for the third quarter ended September 30, 2015. For the quarter, the company reported profit of SAR 493 million, up 6.8% from SAR 461.8 million in the corresponding quarter of 2014. Total operating income was increased by 8.8% to SAR 880 million and profit from special commissions grew 19% to SAR 605.7 million.

Saudi Hollandi Bank Launches Ready Cash

Saudi Hollandi Bank has announced that it has launched Ready Cash, a product aimed at retail banking consumers in the Kingdom. The bank said that Ready Cash complements Saudi Hollandi Bank's current portfolio of financing solutions and would provide customers with banking services that are easy to understand and offer value-added benefits. This product has been designed to empower customers and provides a level of versatility to help meet their needs.


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