News 2018

July 2018

Samba posted record profits of SAR 1.4 billion in the second quarter, higher by 10%, exceeding analysts’ expectations

H.E Mr. Eisa M. Al Eisa, Chairman of Samba Financial Group, announced the group’s financial results for the second quarter of 2018G. The group posted a record net profit exceeding SAR 1.4 billion to surpass analysts' expectation, 10% higher than the corresponding quarter of 2017G, bringing the group’s net profits for the first half of 2018G to more than SAR 2.7 billion, higher by more than 8% compared to the same period last year.

June 2018

Samba celebrates the distribution of 100 fully furnished and ready-to-live villas to needy families

Samba Financial Group has handed out 100 fully furnished and ready-to-live villas to needy families in the Kingdom, as part of a community initiative that is the first and largest of its kind in the private and banking sector in the field of charitable housing. It aims to provide fully furnished 500 housing units to needy families in the Kingdom.

May 2018

Samba’s first quarter’s net profit exceeds SAR 1.3 billion surpassing analysts’ expectations

H.E Mr. Eisa M. Al Eisa, Chairman of Samba Financial Group, announced the group’s financial results for the first quarter of 2018. The group’s net profit exceeded SAR 1.3 billion surpassing analysts' expectation, 6% higher than the corresponding quarter of 2017.

April 2018

Samba Financial Group Invites its Shareholders to Attend the Ordinary General Meeting (First Meeting)

Samba Board of Directors is pleased to invite the Bank Shareholders to attend the Ordinary general meeting that will be held at 19:30 PM on Sunday 29/07/1439H (15/04/2018G) at Omsiat Ballroom, Al Faisaliah Hotel in Riyadh (https://goo.gl/maps/zk8TtwPMuES2), to consider the following agenda.

February 2018

Samba's quarterly profit grows by more than 11%, beating analysts’ expectations

Samba Financial Group announced its financial results for the year 2017. The group’s net profit for the fourth quarter amounted to SAR 1.2 billion, an increase of 11.4% over the same quarter of the previous year, exceeding analysts' expectations, bringing the net profit for the entire year 2017 to more than SAR 5 billion.