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Organization: Alawwal Bank
LEI 21380017F62N8MDBAH89, SWIFT AAALSARIXXX

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Successor company: Saudi Awwal Bank
Organization name
Alawwal Bank
Country name
Saudi Arabia
Country of registration
Saudi Arabia
Industry
Banks
Bond debt
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Profile

On Sunday 16 June 2019, the legal merger of SABB and Alawwal bank was completed. On this day, the two banks became one legal entity. Alawwal Bank (formerly known as Saudi Hollandi Bank) is a bank based in Saudi Arabia. It was the first operating bank in the Kingdom of Saudi Arabia and was originally founded in 1926 as a branch of the Netherlands Trading Society.

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News

27/06/2019 Fitch Ratings withdrew LT Int. Scale (foreign curr.) credit rating for Alawwal Bank
27/06/2019 Fitch Ratings upgrades LT Int. Scale (foreign curr.) credit rating of Alawwal Bank to "A-" from "BBB+"; outlook stable
20/06/2019 Moody's Investors Service withdrew LT- local currency credit rating for Alawwal Bank
20/06/2019 Moody's Investors Service withdrew LT- foreign currency credit rating for Alawwal Bank
19/06/2019 Moody's Investors Service upgrades LT- local currency credit rating of Alawwal Bank to "A1" from "A3"; outlook stable
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Codes

  • LEI
    21380017F62N8MDBAH89
  • SWIFT
    AAALSARIXXX
  • SIC
    6020 Commercial banks
  • ICB
    8,300 Banks

Credit and ESG Ratings

Macroeconomic Indicators - Alawwal Bank

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