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SAMBA - Samba Financial Group   Discuss Recommendations
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Samba Financial Group (SAMBA)  Funds under management (25)
Stock Market Saudi Stock Exchange
Official Sector Banks & Financial Services (11)
Market Cap Size Large-Cap (17)
GulfBase Sector Commercial Banks (72)
 

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Overview
Establishment Date: 12/02/1980
Paid-Up Capital (SAR): 9,000,000,000
Par Value Per Share (SAR): 10.00
Branches: 65 branches in Saudi Arabia in addition to its branches in London, Dubai, and Pakistan.
No. of Employees: 3410
Major Shareholders
Public Investment Fund 22.90%
Public Pension Agency 15.00%
General Organization for Social Insurance (GOSI) 11.40%
Activity
Samba Financial Group (SAMBA) is a Saudi Arabian public joint stock company engaged in providing a wide range of banking and financial services. SAMBA's principal activities are conducted through three major intragroups; the Corporate and Investment Banking Group (CIBG), which provide financial products and services to domestic and international entities; Private Banking & Investment Management Group, offering private banking products and services, brokerage services and asset management, and the Treasury Group. In addition, SAMBA offers non-interest based banking products that are approved and supervised by an independent Islamic Sharia board established by the bank. SAMBA also operates a wholly owned subsidiary, Samba Fund Management Limited (Guernsey), specializing in mutual funds. SAMBA's head office is in Riyadh and has 82 branches and 36 remittance centers (SpeedCash) all over the Kingdom in addition to one branch in London.
Subsidiaries, Associates & Joint Ventures
Company
Co-Invest Offshore Capital Ltd.
Samba Capital & Investment Management Co.
SAMBA Fund Management (Guernsey) Ltd.
Samba Real Esate Co.
SAMBA Bank Ltd. - Pakistan
Saudi Travellers Cheque Co.
more details

Corporate Announcements Company News
Net profit announced for the 9 months ending on 30/9/2009, SAR 3.72 billion, an increase of 2.7%. 13/10/2009
Net profit announced for the 1st Half of the year 2009, SR 2.52 billion, an increase of 3.7%. 14/07/2009
Cash dividend announced for the 1st half of the year 2009, SR 0.90 per share. 07/07/2009
Net profit announced for the 1st Quarter of the year 2009, SR 1272 million, an increase of 6%.14/04/2009
Net profit announced for the Year 2008, SR 4.45 billion, a decrease of 7.7%.20/01/2009
more...
Samba Third-Quarter Profit Rises on Higher Deposits   (Bloomberg - 14/10/2009)
Saad Group owner cuts stake in Samba  (Arab News - 19/09/2009)
Saud Algosaibi 'has not sold his 2.2% stake in Samba'   (Business 24|7 - 17/09/2009)
Shareholder sells Samba stake   (Gulf Daily News - 16/09/2009)
Algosaibi no longer Samba chairman  (Arab News - 14/09/2009)
more...

Key People Contacts
Managing Director: Issa M. AlIssa
CEO: Issa M. AlIssa
Board Members: Dr. Ibrahim Nazer
Dr. Fahd Al Haseen
Ali H. Alireza
Mousa A. Al Rubaian
Mohammad A. R. Abunayyan
Mohammad Al Ghofaili
Ahmad Al Omran
Zaki Al Musa
Auditors: Al Juraid & Co. PricewaterhouseCoopers
Ernst & Young
E-mail Address: contactus@sambaonline.com
Website: http://www.samba.com
Postal Address: P.O. Box 833, Riyadh 11421
Phone: +966 1 477 4770
Fax: +966 1 477 4770 Ext. 1200
Telex: 400195 S.J.
 
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