Samba Financial Group (formerly Saudi American Bank) was one of Saudi Arabia's most prominent financial institutions, offering a wide range of banking and financial services including retail, corporate, private, and investment banking, as well as treasury services. Established in 1980, Samba played a significant role in the development of the Saudi financial sector. On April 1, 2021, Samba Financial Group officially merged with the National Commercial Bank (NCB) to form the Saudi National Bank (SNB), creating the largest bank in Saudi Arabia. The information provided here largely reflects Samba Financial Group prior to this merger.
Served as the primary center for executive management, strategic decision-making, corporate banking operations, treasury, and administrative functions for the entire group before the merger.
A modern, purpose-built banking headquarters designed to accommodate a large workforce and sophisticated banking operations. It featured contemporary architecture typical of major financial institutions.
Prior to the merger, the HQ work culture was known for its professionalism, emphasis on customer service excellence, and a dynamic environment driven by innovation in financial products and services within the Saudi banking sector.
The headquarters was a symbol of Samba's strength and leading position in the Saudi financial market, overseeing a vast network of branches and a wide array of financial services that contributed significantly to the national economy.
Prior to its merger into Saudi National Bank, Samba Financial Group's primary focus was on the Kingdom of Saudi Arabia, where it had an extensive network. Internationally, it operated a branch in Dubai (UAE) and previously had a presence in other markets like Pakistan (Samba Bank Limited, which was later sold) and Qatar (through a Doha branch, also divested before the SNB merger). Its global functions supported corporate banking, trade finance, and treasury operations for its clientele, facilitating international business. These international operations have been integrated into Saudi National Bank's global network.
King Abdul Aziz Road, P.O. Box 833
Riyadh
Riyadh Province
Saudi Arabia
Address: Various branch locations; e.g., King Abdulaziz Street, Al-Balad, Jeddah (Illustrative for a major branch)
To serve the large population and diverse business community in the Western Province, offering accessible banking facilities and supporting trade and commerce.
Address: Various branch locations; e.g., Prince Mohammed Bin Fahd Road, Dammam (Illustrative for a major branch)
To support the oil and gas industry, related businesses, and the growing population in the economically vital Eastern Province.
Address: Samba Financial Group, Dubai Branch, Emaar Square, Building 1, Level 6, Downtown Dubai (Historical)
To provide a strategic financial link in a major international business center, supporting cross-border transactions and investments.
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As of April 2025, Samba Financial Group' leadership includes:
Samba Financial Group has been backed by several prominent investors over the years, including:
Executive changes at Samba Financial Group in the 12-18 months leading up to its April 2021 merger with NCB were primarily focused on the transition and integration into the new entity, Saudi National Bank. Most senior executives either transitioned to roles within SNB or departed following the merger's completion.
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Prior to its merger, Samba Financial Group likely used common corporate email formats. The most probable domain was @samba.com. These formats are no longer active for Samba.
[first_initial][last]@samba.com (e.g., jsmith@samba.com) or [first].[last]@samba.com (e.g., john.smith@samba.com)
Format
rnasher@samba.com (illustrative based on former CEO)
Example
0 (Domain no longer actively used by the independent entity)%
Success rate
Reuters • March 1, 2021
Shareholders of National Commercial Bank (NCB) and Samba Financial Group approved a merger of the two lenders on Monday, creating the Gulf region’s third-biggest lender by assets....more
Arab News • April 1, 2021
The merger between the National Commercial Bank (NCB) and Samba Financial Group has been completed, creating the Saudi National Bank (SNB), the Kingdom’s largest bank with more than SR896 billion ($239 billion) in assets....more
Bloomberg • October 11, 2020
National Commercial Bank agreed to acquire Samba Financial Group for $15 billion, creating a regional banking powerhouse in the Middle East’s biggest economy....more
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