Samba Financial Group
Samba Financial Group SJSC, is a large banking firm in Saudi Arabia. The combined institution had 66 branches in the Kingdom. Its international operations consist of a branch each in London, Qatar and Dubai, as well as a subsidiary that has 28 branches across major cities in Pakistan. The company dates back to 1955.
Samba Financial Group engages in providing a range of banking and related services. Through its subsidiaries, it operates through the following segments: Consumer, Corporate, Treasury, and Investment Banking. The Consumer segment comprises of individual customer time deposits, current, call and savings accounts, as well as credit cards, retail investment products, individual and consumer loans. The Corporate segment handles corporate time deposits, current and call accounts, overdrafts, loans and other credit facilities as well the Group’s customer derivative portfolios and its corporate advisory business. The Treasury segment manages money market, foreign exchange, commission rate trading and derivatives for corporate and institutional customers as well as for the Group’s own account. The Investment Banking segment engages in vestment management services and asset management activities related to dealing, managing, arranging, advising and custody businesses. The company was founded on February 12, 1980 and is headquartered in Riyadh, Saudi Arabia.