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عربي

Samba Financial Group

   (1090.SSE)
Also known as: SAMBA, SFG, Samba Financial
Last Trade
48.90SAR
- 0.41%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Updated: Oct 26, 2011
 
 
 
Country

Saudi Arabia

Ownership Type
Company Type
Joint Stock
 
 
 
Zawya Industry Classifications (ZIC)
Sector Industry

Financial Services

 
Formerly Known As 
Saudi American Bank until October 2003
Principal Activities
Provides conventional and Islamic commercial banking services including deposits, loans and credit cards.
 
Date of Establishment Year
1980 (February)
 
No of Employees
3,135 (N/A Company, 3,135 Group, N/A Headquarters) (As of Oct 24, 2011)
 
No of ATMs
515
 
Important/Recent Developments
Operations started in July 1980.
 
Branches
Saudi Arabia (68) UAE United Kingdom
 
Stock Market Listing
Exchange Symbol ID Stock Type Currency
Saudi SE  1090 1090.SSE Ordinary SAR
 
 
Contact Details
Address:
Samba Financial Group Building
King Abdullah Bin Abdulaziz Road
Malaz Area
P.O. Box 833
Riyadh  11421
Saudi Arabia
 
Tel:
+966 1-477-4770
 
Fax:
+966 1-479-9405
 
Email:
customercare@samba.com
contactus@sambaonline.com
 
Website:
www.samba.com
 
Related Links:
www.samba.com.pk

 
 
 M&A Details
 
Acquistion
 
Status
Complete
 
Acquirer
 
Target
 
Announcement Date
19 Sep 2009
 
Closing Date
19 Sep 2009
 
 
 Business Overview
Samba Financial Group (Samba) provides conventional and Islamic commercial banking services including asset management, investment banking and brokerage services, and real estate investment directly and through subsidiaries.

The Group’s subsidiary, Samba Capital and Investment Management CompanySamba Capital and Investment Management CompanyLoading... provides conventional and Islamic fund, wealth and portfolio management, corporate finance and investment advisory, and brokerage services. The Group also owns the real estate property investment company, Samba Real Estate.

Samba’s net profits decreased by 2.74% to SAR4.44 billion (USD1.18 billion), similarly, its total revenues decreased by 9.92% to SAR7.56 billion (USD2.02 billion), in 2010.
 
 
 Major Shareholders  Section Updated: 24Oct11
Name   Type  Country  Holding 
Public Investment Fund  Government Saudi Arabia 22.90% 
Public Pension Agency  Government Saudi Arabia 15.00% 
General Organization for Social Insurance - Saudi Arabia  Government Saudi Arabia 11.40% 
Public   - 50.70% 
 
 
 Foreign Ownership Limits
Section Updated: 30Dec09
Owned Permitted
100%
GCC Nationals
 
49%
Foreigners
 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
Samba Capital and Investment Management Company Saudi Arabia 100.00%
Samba Financial Group - Qatar Qatar 100.00%
Samba Real Estate Company Saudi Arabia 100.00%
Samba Bank Pakistan 80.68%
Investments
Name  Country  Holding 
Manara Infrastructure Fund -
Rasmala Holdings Limited UAE -
 
 
 Representatives
Auditors
PricewaterhouseCoopers Saudi Arabia Ernst and Young Riyadh
 
 
 Financial Results  31-Dec-09  31-Dec-10   Yr on Yr 
  SAR'000 SAR'000 change (%)
Total revenues  8,391,521 7,558,693 (9.92)
Net profit  4,560,176 4,435,123 (2.74)
Total assets 185,518,269 187,415,840 1.02
Paid-up capital 9,000,000 9,000,000 0.00
Shareholders' Equity 22,310,078 25,429,682 13.98
Shares outstanding 900,000 900,000 0.00
Market capitalization 45,450,000 55,125,000 21.29