HSBC ASIA HOLDINGS B.V and SAB incorporated a joint venture to establish the first full-service, independent investment bank in the kingdom of Saudi Arabia licensed under the Capital Market Law as HSBC Saudi Arabia.
HSBC Saudi Arabia, established as a Saudi closed joint stock company headquartered in Riyadh.
Date of CMA license: 19/11/2005 corresponding to 17/10/1426 H
Date of Operation: 27/10/2007 corresponding to 15/10/1428 H
Paid Capital: 500,000,000 SAR
Commercial Registration No: 1010221555 , Date: 23/07/2006 corresponding to 27/06/1427 H
Shareholders (Ownership) Information:
- HSBC Asia Holdings B.V
- The Saudi Awwal Bank
