How To Buy Aramco Shares Through Sabb Bank

Sabb formerly known as the saudi british bank provides a range of banking solutions for individuals and businesses in saudi arabia.

How to buy aramco shares through sabb bank. Add aramco account 094 910668 004 as beneficiary account through any of the above channels. Follow the same process of account to account transfer by accessing the above channels. For the institutional investors the deadlines end at 4th december 2019. The nominated banks include.

11 banque saudi fransi. Subscription of individuals and entities in the saudi arabian oil company s saudi aramco intimal public offering ipo began on sunday on 1 5 of the company s share with a price range set between sar 30 and sar 32 8 8 5. 3 samba financial group. Aramco controls 20 of the world s proven oil reserves or 267 billion barrels of oil and that has investors eager to buy saudi aramco stock.

The first phase of buying aramco shares in the first phase from 17th to 28th november 2019 all the individuals including citizens and saudi expats are advised to submit their applications with the due price transaction to be a shareholder of the company. 9 al rajhi bank. We would like to show you a description here but the site won t allow us. The first thing you need to do to buy saudi aramco shares in the ipo is to log in to your internet banking account.

The number of issued shares will not change as a result of the offering. Aramco cash customer pass payments can be initiated through the following sabb electronic channels. Total number of issued shares as at the date of these guidelines two hundred billion 200 000 000 000 shares. Offer shares all offer shares are ordinary shares of the same class.

The ipo has been limited to investors in saudi arabia and the gulf cooperation council gcc member countries. Your home page will open with several options on the left hand side from where you need to click on the ipo. Saudi aramco has announced the names of 12 banks that will be tasked to oversee the long awaited ipo. 5 arab national bank.