Samba Financial Group

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Company overview

Samba Financial is involved in providing commercial banking and financial services for both individuals and businesses. The company offers individual customer time deposits, savings accounts, credit cards, retail investment products and consumer loans. It manages money market, foreign exchange, commission rate trading and derivatives for corporate and institutional customers. It also offers financial banking and advisory services to government and public sectors, financial institutions, top tier private sector and global corporations. The company operates in the Middle East, North America, and Europe. The company primarily operates through 65 branches in Saudi Arabia. It is headquartered in Riyadh, Saudi Arabia and employs 3,127 people.

The company recorded revenues of SAR7,196 million (approximately $1,921.6 million) during the fiscal year ended December 2007. The net profit was SAR4,807.6 million (approximately $1,283.8 million) in fiscal year 2007.

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