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Samba Financial Group's Overview

Total employees1562
HeadquartersRiyadh
Founded1980

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.

Where is Samba Financial Group's Headquarters?

HQ Function

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.

Notable Features:

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.

Work Culture:

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.

HQ Significance:

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.

Values Reflected in HQ: The headquarters' design and operations aimed to reflect Samba's core values of integrity, customer focus, innovation, and commitment to excellence in the financial services industry.

Location:

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.

Street Address:

King Abdul Aziz Road, P.O. Box 833

City:

Riyadh

State/Province:

Riyadh Province

Country:

Saudi Arabia

Samba Financial Group's Global Presence

Jeddah, Makkah 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.

Dammam, Eastern Province, Saudi Arabia

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.

Dubai, UAE

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.

Buying Intent Signals for Samba Financial Group

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

Executive Team of Samba Financial Group

As of April 2025, Samba Financial Group' leadership includes:

Rania Mahmoud Nashar - Chief Executive Officer (until merger completion in April 2021)
Ayman Memon - Chief Financial Officer (until merger integration)
Sajjad Razvi - Chief Risk Officer (until merger integration)

Investors of Samba Financial Group

Samba Financial Group has been backed by several prominent investors over the years, including:

Public Investment Fund (PIF) of Saudi Arabia
General Organization for Social Insurance (GOSI)
Public Pension Agency (PPA) of Saudi Arabia
Other institutional and individual shareholders (as it was publicly traded on Tadawul)

Executive New Hires/Exits in the Last 12 Months

Hire0
ExitsMultiple

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.

Departures

Rania Mahmoud Nashar, Departed role as Samba CEO with the completion of the merger. Did not take an executive role in the new SNB.

New Appointments:

N/A for Samba standalone, Focus shifted to appointing leadership for the merged entity, Saudi National Bank. For instance, Saeed Mohammed Al-Ghamdi (former NCB CEO) was appointed Managing Director and Group CEO of SNB.

Technology (Tech Stack) used by Samba Financial Group

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

Samba Financial Group Email Formats and Examples

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

News and media

ReutersMarch 1, 2021

Samba, NCB shareholders approve merger to create Saudi banking giant

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 NewsApril 1, 2021

Saudi National Bank created by NCB-Samba merger

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

BloombergOctober 11, 2020

Saudi Arabia’s Biggest Bank Agrees to Buy Samba in $15 Billion Deal

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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