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saudi hollandi bank (1040) Details

Saudi Hollandi Bank provides various banking and investment services in the Kingdom of Saudi Arabia. It operates through Corporate Banking, Personal Banking, Treasury, and Investment Banking and Investment Services segments. The Corporate Banking segment accepts customer deposits; and provides financing, including term loans, overdrafts, syndicated loans, and trade finance services, as well as Internet banking, global transaction, and centralized transfer services to corporate and institutional customers. This segment also offers Murabaha specific investment services. The Personal Banking segment accepts customer deposits in various savings and deposit accounts; and provides retail banking products and services comprising consumer loans, overdrafts, and credit cards to individuals and small-to-medium-sized enterprises. The Treasury segment transacts primarily in money market, foreign exchange, commission rate, and other derivative products for corporate and institutional customers. The Investment Banking and Investment Services segment is involved in dealing, managing, arranging, advising, and maintaining custody services in relation to securities. The company also offers car, travel, home, personal injury, and medical insurance products; Islamic banking products; and cash management services. It provides its services through a network of 48 branches. Saudi Hollandi Bank was founded in 1926 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

2,184 Employees
Last Reported Date: 02/13/14
Founded in 1926

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saudi hollandi bank (1040) Key Developments

Saudi Hollandi Bank Reports Earnings Results for the Second Quarter and Six Months to June 2014

Saudi Hollandi Bank reported earnings results for the second quarter and six months to June 2014. For the six months, the company reported a net profit of SAR 897.2 million up from SAR 721 million a year earlier, or an increase of 24.4% on the year. The company explained the strong performance with an increase in total operating income, to SAR 1.568 billion in January-June 2014, up from SAR 1.278 billion. For the second quarter of 2014, the bank said net profit rose to SAR 480.2 million from SAR 374.8 million in the corresponding period of 2013. The company explained the strong performance with an increase in total operating income to SAR 811.2 million in April-June 2014, up from SAR 693.7 million in the same period a year earlier.

Saudi Hollandi Bank Appoints May Bint Mohammed Al-Hoshan as GM of HR

Saudi Hollandi Bank (SHB) has announced that it has named a new HR head. The bank has appointed May bint Mohammed Al-Hoshan as GM of HR. She is to become the most senior female executive at the bank. The move comes as part of the bank's initiative to hire more women to leadership positions. She was previously head of human capital management at NCB Capital.

Saudi Hollandi Bank Reports Earnings Results for the First Quarter Ended March 31, 2014

Saudi Hollandi Bank reported earnings results for the first quarter ended March 31, 2014. For the quarter, the bank posted a profit of SAR 417 million, up from SAR 346 million reported a year earlier. The profit increased because of its increasing operating income.

 

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