Last SR48.15 SAR
Change Today +0.23 / 0.48%
Volume 1.1M
SAMBA On Other Exchanges
Saudi Arabia
As of 9:30 AM 08/20/14 All times are local (Market data is delayed by at least 15 minutes).

samba financial group (SAMBA) Snapshot

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52 Week High
08/10/14 - SR49.80
52 Week Low
10/30/13 - SR36.75
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samba financial group (SAMBA) Details

Samba Financial Group provides various banking and financial services. It offers various personal banking products and services, including accounts comprising current accounts, small business accounts, and time deposits, as well as accounts for children and teenagers; personal financing services for Saudi nationals, expatriates, and GOSI and PPA retirees; home finance services; ladies banking services; banking solutions in accordance with the Islamic Shariah principles; SpeedCash services; and credit cards. The company also offers business banking services, such as accounts, time deposits, financing and credit services, liquidity management and direct debit services, payment and collection solutions, cash pickup and delivery services, e-merchant and GSM point of sale services, employee payroll cards, employee savings plans, import and export services, guarantee services, and trade templates for corporates, financial institutions, and public sector entities, as well as for private sector clients; and treasury and Islamic banking services, as well as mobile and online banking services. It operates 72 branches, 33 SpeedCash centres, 496 ATMs, and 26 ladies centers in the Kingdom of Saudi Arabia; 1 branch and 12 ATMs in Dubai; and 28 branches and 28 ATMs in Pakistan, as well as operates branches in London and Qatar. The company was founded in 1955 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Founded in 1955

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samba financial group (SAMBA) Key Developments

Samba Financial Group Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Samba Financial Group reported earnings results for the second quarter and six months ended June 30, 2014. For the period, the company reported that its net profit has increased by 7% to SAR 1.26 billion from SAR 1.18 billion in the same quarter last year. Total profit from operation income for the second quarter ended June 30, 2014 was SAR 1.84 billion, compared to SAR 1.76 billion for the same quarter ended June 30, 2013. Net profit for the six months ended June 30, 2014 was SAR 2.50 billion, compared to SAR 2.33 billion for the same period ended June 30, 2013. Total profit from operation income for the six months ended June 30, 2014 was SAR 3.72 billion, compared to SAR 3.65 billion for the same period ended June 30, 2013.

Samba Financial Group Presents at 9th Annual Middle East Retail Banking Forum, Apr-07-2014 through Apr-09-2014

Samba Financial Group Presents at 9th Annual Middle East Retail Banking Forum, Apr-07-2014 through Apr-09-2014. Venue: Dubai Marina, Dubai P.O. Box 32923, United Arab Emirates. Presentation Date & Speakers: Apr-07-2014, Ajay Makhija, Group Head - Global Consumer Bank, Vinod Kumar, Chief Marketing Officer.

Samba Financial Group Announces Earnings Results for the Fourth Quarter and Year Ended December 31, 2013

Samba Financial Group announced earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, the company’s net profit stood at SAR 1.006 billion, up from SAR 869 million a year ago, or an increase of 15.8% year-on-year. The rise was attributed to higher total operating income, which increased to SAR 1.602 billion from SAR 1.458 billion. For the year, the company booked a net profit of SAR 4.51 billion, up from SAR 4.33 billion.


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