Saudi British Bank (The) Jul 11
- ID: 1932061
- July 2011
- Region: Saudi Arabia, United Kingdom, Great Britain
- Standard & Poors
Solid revenue-generating capability derived from its good market position. Technical and human resources provided by the HSBC group and its expected financial support if needed. Supportive capitalization, funding and liquidity profile. Potentially volatile operating environment. Credit risk concentration in the corporate portfolio. Limited diversification outside the corporate segment. The ratings on Saudi Arabia-based The Saudi British Bank (SABB) reflect its solid revenue-generating capability derived from its good market position, technical and human resources provided by the HSBC group and its expected financial support for SABB if needed, supportive capitalization, funding, and liquidity profile. The long-term rating on SABB benefits from a one-notch uplift from its stand-alone credit profile (SACP) to reflect Standard & Poor's Ratings Services' expectation of the likelihood...
Companies mentioned in this report are:
- The Saudi British Bank
- HSBC Bank PLC
- HSBC Holdings PLC
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Research Type: Full Analysis