What Does Samba Bank Limited Do?

Total employees1264
HeadquartersKarachi
Founded2003

Samba Bank Limited (Pakistan) was a subsidiary of the Saudi-based Samba Financial Group. It commenced its operations in Pakistan in 2007, offering a range of banking services including corporate, consumer, investment, and treasury banking. In 2022, United Bank Limited (UBL) acquired a majority stake and subsequently 100% of Samba Bank Limited from the Saudi National Bank (which was formed after Samba Financial Group merged with National Commercial Bank). Following the acquisition, Samba Bank Limited's operations and customers have been integrated into UBL. The bank was known for its customer-centric approach and financial solutions tailored to the Pakistani market before its merger.

Where Is Samba Bank Limited's Headquarters?

HQ Function

Served as the main administrative and operational hub for Samba Bank Limited in Pakistan, overseeing corporate strategy, core banking operations, risk management, regulatory compliance, and central customer service functions before its acquisition by UBL.

Notable Features:

Located in Arif Habib Centre, a well-known commercial tower offering modern office amenities and a strategic business address in Karachi's financial district.

Work Culture:

Prior to its acquisition, Samba Bank Limited's work culture in Pakistan was characterized by a commitment to customer service, ethical banking practices, and fostering talent within a professional environment influenced by its international parentage. Emphasis was placed on performance and compliance.

HQ Significance:

The Karachi headquarters was pivotal for Samba Bank Limited's operations in Pakistan, connecting it to the country's main financial markets, regulatory bodies like the State Bank of Pakistan, and a large customer base.

Values Reflected in HQ: The choice of a modern, professional office space in a prime financial district reflected values of stability, professionalism, and accessibility for its corporate and high-net-worth clients.

Location:

As Samba Bank Limited (Pakistan), its direct international presence was limited, primarily operating within Pakistan. It functioned as a subsidiary of the Saudi-based Samba Financial Group (later Saudi National Bank), leveraging its parent's network for international trade finance and correspondent banking. Post-acquisition by United Bank Limited (UBL), former Samba customers can now access UBL's extensive domestic and international network, which includes branches and representative offices in multiple countries.

Street Address:

Ground Floor, Arif Habib Centre, 23 M.T. Khan Road, Lalazar

City:

Karachi

State/Province:

Sindh

Country:

Pakistan

Where Else Does Samba Bank Limited Operate Around the World?

Lahore, Punjab/Pakistan

Address: Plot No. 66-C, Main Boulevard, Gulberg III, Lahore, Pakistan

To serve the banking needs of individuals and businesses in Lahore and the surrounding Punjab region, contributing significantly to the bank's national footprint and customer outreach.

Islamabad, Capital Territory/Pakistan

Address: Ground Floor, Saudi Pak Tower, 61-A Jinnah Avenue, Blue Area, Islamabad, Pakistan

To provide banking services in the administrative capital of Pakistan, facilitating financial transactions for a diverse client base including public sector entities and private enterprises.

Buying Intent Signals for Samba Bank Limited

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Samba Bank Limited? Meet the Executive Team

As of April 2025, Samba Bank Limited' leadership includes:

Shahid Sattar - Former President & CEO (at the time of UBL acquisition)
Dr. Shujaat Nadeem - Former Chairman of the Board of Directors (around 2021/2022)

Who's Investing in Samba Bank Limited?

Samba Bank Limited has been backed by several prominent investors over the years, including:

United Bank Limited (UBL) (Current owner, acquired 100% stake in 2022)
Saudi National Bank (SNB) (Former majority shareholder, sold stake to UBL)
Samba Financial Group (Original parent company before its merger with NCB to form SNB)

What Leadership Changes Has Samba Bank Limited Seen Recently?

Hire0
Exits2

Following the acquisition by United Bank Limited (UBL) completed in late 2022, the executive leadership of Samba Bank Limited (Pakistan) underwent a full transition. Key leadership roles were absorbed or restructured as part of Samba's integration into UBL. There were no new executive appointments to Samba Bank Limited as a standalone entity post-acquisition; rather, UBL management oversaw the merger.

Departures

Shahid Sattar, Role ceased with the completion of UBL's acquisition of Samba Bank Limited and its subsequent operational merger.
Board of Directors (Samba Bank Limited), The existing Board of Directors was dissolved or reconstituted as per the acquisition terms and integration into UBL's governance structure.

New Appointments:

UBL Leadership Team, New appointments for managing the merged entity were made within UBL's structure. No new executive appointments were made to Samba Bank Limited as an independent entity post-acquisition.

What Technology (Tech Stack) Is Used bySamba Bank Limited?

Discover the tools Samba Bank Limited uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Samba Bank Limited Email Formats and Examples

Prior to its acquisition by UBL and the discontinuation of its independent operations, Samba Bank Limited (Pakistan) likely used standard corporate email formats. Common patterns included [first_initial][last_name]@[domain] or [first_name].[last_name]@[domain]. Emails to the @sambabank.com.pk domain are no longer active.

Historically: [first_initial][last]@sambabank.com.pk or [first].[last]@sambabank.com.pk

Format

Example (historical): jali@sambabank.com.pk or junaid.ali@sambabank.com.pk

Example

0 (domain inactive post-acquisition; historically, estimated 60-70% for common patterns)%

Success rate

What's the Latest News About Samba Bank Limited?

Mettis Global News • October 31, 2022

Samba Bank Limited: UBL completes acquisition of Samba Bank

United Bank Limited (UBL) has successfully completed the acquisition of Samba Bank Limited (SBL) after acquiring 84.51% of the total shareholding of SBL from Saudi National Bank and 12.94% from the general public. SBL has now become a wholly-owned subsidiary of UBL....more

Business Recorder • March 16, 2022

Samba Bank Limited: CCP approves UBL’s acquisition of Samba Bank

The Competition Commission of Pakistan (CCP) has granted approval to United Bank Limited (UBL) for the proposed acquisition of up to 85.51 percent shareholding of Samba Bank Limited (SBL). This paved the way for the merger in the Pakistani banking sector....more

SAMAA TV • December 15, 2021

Samba Bank Limited: UBL to acquire Samba Bank for Rs10.24 billion

United Bank Limited (UBL) announced its plan to acquire a majority stake (85.5%) in Samba Bank Limited Pakistan, a subsidiary of Saudi National Bank, for Rs10.24 billion. The acquisition was subject to regulatory approvals....more

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