Samba Financial Group
Acquisition in 2020
Samba Financial Group is a prominent banking institution based in Riyadh, Saudi Arabia, recognized as one of the largest financial services providers in the Middle East. Founded in 1955, the company offers a comprehensive range of banking and financial services through several segments, including Consumer, Corporate, Treasury, and Investment Banking. Its Consumer segment caters to individual customers with services such as time deposits, savings accounts, credit cards, and personal loans. The Corporate segment provides various financial solutions to businesses, including deposits, loans, and advisory services. The Treasury segment focuses on managing money market activities and foreign exchange for corporate and institutional clients. Additionally, Samba's Investment Banking segment engages in asset management and advisory services. The group also offers Islamic banking products and manages real estate projects, while providing mobile and online banking services. With a network of 73 branches, 30 SpeedCash centers, and 540 ATMs in Saudi Arabia, as well as branches and ATMs in Dubai, Pakistan, London, and Qatar, Samba Financial Group continues to expand its presence in the region.