Samba

Originally founded in 1980 as the Saudi American Bank, a joint venture with Citibank, the company rebranded as Samba Financial Group in 2003 after Citibank sold its stake. For decades, Samba was a dominant force in the Saudi financial sector, providing a comprehensive range of banking services, including retail, corporate, private, and investment banking. On April 1, 2021, Samba completed a historic merger with the National Commercial Bank (NCB) to form the Saudi National Bank (SNB). This merger created a national champion with over SAR 900 billion in assets, solidifying its position as the largest bank in Saudi Arabia and a major player in the Middle East. The new entity continues the legacy operations under the SNB brand.