Samba Financial Group

Samba Bank
Samba office in Khobar  

Samba Bank

Samba Financial Group (formerly Saudi American Bank) is one of the leading financial institutions in the Middle East and one of the most profitable retail banks in Saudi Arabia. The company employs over 3,500 people. Samba was established in 1980 with the takeover of Citibank branches in Jeddah and Riyadh that were first established in the Kingdom in 1955. A merger with United Saudi Bank (USB) in 1999 has seen it become one of the largest and most profitable banks in the Middle East with capital of SAR 6.0 billion and about 3,000 staff. The Bank currently boasts 72 branches, 25 Ladies centers, about 500 ATMs, three Global Investment Centres, and 33 Speed Cash Centres within the Kingdom. It has international branches in the UK, Dubai, Pakistan, and Qatar. In 2010, Samba opened its first branch in the Qatari capital, Doha, becoming the first Saudi bank to establish a presence in the State of Qatar. Samba was also the first Saudi Bank to operate in Dubai in 2008. Samba is listed on the Saudi Stock Exchange and is one of the largest listed financial services companies in the Kingdom of Saudi Arabia. As of December 31, 2016, Samba Financial Group had SAR 231.5 billion in total assets, SAR 172.1 billion in customer deposits and SAR 125 billion in loans. The market capitalization was SAR 42 billion as of April 6, 2017.

Headquarters address:
King Abdulaziz Road
Al Malaz District
Riyadh, 11421
Saudi Arabia
Phone number: 966-1-477-4770
Swift Code: SAMBSARI

Samba Branches and Offices

Samba Group subsidiaries:
Samba Capital and Investment Management Company (Samba Capital)
Samba Bank Limited, Pakistan (SBL)
Co-Invest Offshore Capital Limited (COCL)
Samba Real Estate Company

Samba Bank Limited

Samba Bank Limited is a subsidiary of Samba Financial Group. The Bank is based in Karachi, Pakistan and was formerly known as Crescent Commercial Bank. Samba Financial Group holds about 84.5% stake in Samba Bank. With over 430 employees, it has a network of 28 branches in Pakistan of which 11 located in Karachi, 8 in Lahore, 4 in Islamabad, and one each in Peshawar, Sialkot, Multan, Gujranwala and Faisalabad.