SAMBA FINANCIAL GROUP SAUDI ARABIA

Company Profile: SAMBA FINANCIAL GROUP SAUDI ARABIA

Company Type:

Samba Financial Group was a financial services institution, specifically a commercial bank. Moreover It was neither a factory nor a trader. Overview:

Samba Financial Group was one of Saudi Arabia's leading banking and financial services institutions. Based on my observations, Established in 1980, it offered a thorough range of banking items and services to corporate, institutional, and individual clients. Samba was recognized to its strong financial performance, robust risk regulation practices, and innovative banking solutions across retail banking, corporate banking, investment banking, and treasury services. Merger:

In 2021, Samba Financial Group merged with The National Commercial Bank (NCB) to form the Saudi National Bank (SNB). Generally speaking This merger created the largest bank in Saudi Arabia and one of the largest in the Middle East. Based on my observations, In particular As a result, Samba Financial Group as an independent entity no longer exists, with its operations now integrated into Saudi National Bank. Pretty interesting, huh?. I've found that Headquarters (prior to merger):

Riyadh, Saudi Arabia. Services Offered (prior to merger):

Retail Banking: Personal accounts, loans, mortgages, credit cards. But Corporate Banking: Corporate finance, trade finance, cash regulation. Investment Banking: Asset regulation, advisory services, brokerage. Treasury Services: Foreign exchange, money market operations.

SAMBA FINANCIAL GROUP SAUDI ARABIA primarily offers a range of financial products and services, including:

* Retail Banking: Accounts, loans, credit cards

* Corporate Banking: Financing, treasury services, trade finance

* Investment Banking: Advisory, asset management, brokerage services

* Islamic Banking: Sharia-compliant financial solutions

* Wealth Management: Private banking, investment advice