Inactive Instrument

Samba Financial Group

Equities

1090

SA0007879097

Samba Financial Group Announces That It Has Together with the National Commercial Bank Created A Joint Website Relating to the Contemplated Merger Between the Two Banks

October 14, 2020 at 12:34 am EDT

Samba Financial Group entering into a legally binding merger agreement with the National Commercial Bank, Samba Financial Group announced that it has together with the National Commercial Bank created a joint website that contains information relating to the contemplated merger between the two banks.

Latest news about Samba Financial Group

Samba Financial Group(SASE:1090) dropped from S&P Global BMI Index	21-04-01	CI
Samba Financial Group(SASE:1090) dropped from FTSE All-World Index	21-04-01	CI
The National Commercial Bank completed the acquisition of Samba Financial Group.	21-03-31	CI
Credit Suisse : Saudi PIF hires senior Goldman Sachs banker for investments - sources	21-03-21	RE
Gulf countries get fiscal leeway after OPEC+ extends output cuts	21-03-08	RE
Stoxx Europe 600 : Saudi Arabia's National Commercial Bank, Samba Financial Finalize Merger	21-03-03	MT
Samba Financial Group Reports Earnings Results for the Full Year Ended December 31, 2020	21-02-28	CI
ADNOC natgas pipeline investors Galaxy raise nearly $4 bln via bonds	21-02-09	RE
Analysis: Surging cases strain UAE's open for business COVID strategy	21-01-21	RE
Samba Financial Group Announces Executive Changes	20-12-21	CI
Samba Financial : Aramco may have to sell assets, borrow more to maintain Saudi dividend	20-12-16	RE
Riyad Bank : Goldman Sachs banker who built Middle East business to retire	20-12-07	RE
Samba Financial Group Reports Earnings Results for the Third Quarter Ended September 30, 2020	20-11-08	CI
Samba Financial Group Announces That It Has Together with the National Commercial Bank Created A Joint Website Relating to the Contemplated Merger Between the Two Banks	20-10-14	CI
Samba Financial : NCB-Samba to merge into Saudi banking heavyweight	20-10-11	RE
Samba Financial Group Reports Earnings Results for the Second Quarter Ended June 30, 2020	20-08-15	CI
Samba Financial Group Receives License from Dubai Financial Services Authority to Operate as an Authorised Firm in Dubai International Financial Centre	20-08-11	CI
Coronavirus strikes down global M&A as companies keep their distance	20-06-30	RE
NCB Reportedly in Merger Talks with Samba	20-06-25	CI
The National Commercial Bank entered into a framework agreement to acquire Samba Financial Group for SAR 55.7 billion.	20-06-24	CI
Saudi British Bank : banks face tough few quarters but are well capitalised, say CEOs	20-06-04	RE
Samba Financial Group Reports Earnings Results for the First Quarter Ended March 31, 2020	20-05-21	CI
Exclusive: Dubai signs up banks for $9 billion DP World debt deal - sources	20-03-19	RE
Samba Financial Group Reports Earnings Results for the Full Year Ended December 31, 2019	20-02-10	CI
Samba Financial Group Announces the Completion of the Offering of International USD Denominated Notes	20-01-23	CI

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Company Profile

Samba Financial Group SJSC is a Saudi Arabia-based banking institution. It provides a range of banking and related services as well as Shariah approved Islamic banking products. It operates under the following business segments: Consumer, which comprises individual customer time deposits, current, call and savings accounts, as well as credit cards, retail investment products, individual and consumer loans; Corporate, which comprises corporate time deposits, current and call accounts, overdrafts, loans and other credit facilities as well the Group's customer derivative portfolios and its corporate advisory business; Treasury, which principally manages money market, foreign exchange, commission rate trading and derivatives for corporate and institutional customers as well as for the Group's own account, and Investment Banking, which is engaged in investment management services and asset management activities related to dealing, managing, arranging, advising and custody businesses.

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