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Samba Bank
Information by Research Trustfinance
Originally established in 1980 as The Saudi American Bank through a takeover of Citibank's branches in Saudi Arabia, the company rebranded as Samba Financial Group (Samba) in 2003 after Citibank divested its stake. Samba grew to become one of the largest and most prominent financial institutions in the Kingdom of Saudi Arabia and the Middle East. It provided a comprehensive range of banking services, including corporate banking, private banking, investment management, and retail services. On April 1, 2021, Samba legally ceased to exist after completing its merger with the National Commercial Bank (NCB), creating the Saudi National Bank (SNB), the Kingdom's largest bank.
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