Saadgroup Bank Europe Ltd

Business Focus

corporate and investment banking

Saadgroup Bank Europe Ltd was licensed to carry out banking activities as a credit institution on October 19, 2007. The Saad Group, a diversified group of companies with many years experience in investment, finance and banking, is headquartered in Al-Khobar, Saudi Arabia. The license of the bank was indefinitely suspended on August 17, 2009.

Deposit Guarantee

Guarantee Fund
Depositor Compensation Scheme (DCS)Depositor Compensation Scheme (DCS)
Protected Amount
up to 100,000 EUR
Eligible Depositors
natural persons (Maltese and foreign)
legal entities (Maltese and foreign)
Covered Accounts
most types of deposits

Saadgroup Bank Europe Ltd participates in the deposit guarantee scheme of Malta. This deposit guarantee scheme applies to most types of deposits made by natural persons (Maltese and foreign), legal entities (Maltese and foreign) and covers up to up to 100,000 EUR per bank per depositor. Saadgroup Bank Europe Ltd is a member of Depositor Compensation Scheme (DCS) and makes its contributions into it.

Contacts

Level 16, Portomaso Business Tower, Portomaso Avenue, STJ 4011, St Julian's, Malta
21356000
21384454
http://www.saadgroup.com
Website Languages
GBEnglish

Saadgroup Bank Europe Ltd was headquartered in St Julian's.

Bank Identifiers

BIC (SWIFT)
SBEMMTM1XXX
MFI ID
MTCISAAD

Bank History

Start Date
October 2007
Close Date
June 2015

Similar Banks

PILATUS BANK PLC Logo PILATUS BANK PLC
private and corporate banking
SATABANK plc Logo SATABANK plc
retail banking
Sparkasse Bank Malta plc Logo Sparkasse Bank Malta plc
private banking, securities services

See Also

Related Articles

Banks in Malta
24 January 2020