The Saudi British Bank (SABB) is a licensed financial institution operating under SAMA supervision and control, and a partner of the HSBC Group.

SABB was established in 1978 as a Saudi Joint Stock Company and traces its origins in Saudi Arabia back almost 70 years, during which time it has been an active partner supporting the Kingdom’s economic growth and social development. As a partner of the HSBC Group, SABB is one of the leading corporate and institutional international banks in the Kingdom with a top retail banking and wealth management proposition. SABB is also a leader in Saudi Arabia and the region in trade finance, foreign exchange, equity and debt wholesale banking, digital service innovation, and ESG, paving the way for transformation and excellence.

SABB offers integrated financial and banking services, including Corporate Banking, Investment, Private Banking, and Treasury. SABB's paid-up capital is SAR 20.5 billion after the legal merger with Alawwal Bank, as the two banks became one entity and one of the largest banks in the Kingdom of Saudi Arabia.


Chair of the Board
of Directors

Member of SABB’s Board and Chair of the Bank’s Board of Directors as of June 2019.

Lubna S. Olayan is Chair of the Executive Committee of Olayan Financing Company (OFC), the holding company for The Olayan Group’s trading, real estate, investment, consumer, and industrial-related operations in the Gulf region. She also chairs the board of Olayan Saudi Holding Company (OSHCO), an OFC affiliate through which consumer and industrial-related operations are conducted, as well as chairs and sits on the board of a few of its companies.

In 2004, Ms. Olayan became the first woman to join the board of a Saudi publicly listed company when she was elected to the board of Alawwal Bank. In 2018, following the merger of Alawwal with SABB, the Saudi affiliate of HSBC, she was elected and still serves as Chairman of the newly merged entity.

Ms. Olayan is also currently a member of several international advisory boards, including those of Akbank, Allianz SE, and Bank of America. Ms. Olayan is a trustee of MIT, a Chairman Emeritus at the Asia Business Council and a member of the panel of senior advisors at the Council on Foreign Relations. In addition to serving as President of the Suliman S. Olayan Foundation Ms. Olayan Chairs Alfanar, a UK-based charity that is one of the first venture philanthropy organizations in the Arab world. In 2020, Ms. Olayan took on the role of Chair of the B20 Trade & Investment Taskforce, during Saudi Arabia’s Presidency of the G20 and has most recently been appointed Chairman of the Saudi-Greek and the Saudi Swedish Business Councils.

Ms. Olayan holds an MBA from Indiana University, a BS from Cornell University and an honorary Doctorate of Law from Trinity College.