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BRIEF-Saudi's SABB announces establishment of Special Purpose Vehicle Entity in Cayman Islands
May 18, 2017 / 5:43 AM / 4 months ago

BRIEF-Saudi's SABB announces establishment of Special Purpose Vehicle Entity in Cayman Islands

May 18 (Reuters) - Saudi British Bank Sjsc

* Announces establishment of special purpose vehicle entity for its derivatives and repo activities

* Announces establishment of SABB Markets Limited Company with a share capital of $50,000, located and registered in the Cayman Islands

* There will be no financial impact on the bank financial statements as a result of establishing this company Source: (bit.ly/2rhjkyD) Further company coverage:

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