Samba capital | 💖SMB Capital

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‎Sambatadawul on the App Store

Saudi National Bank expects NCB Capital

Funds Details

Announcement from the General Secretariat of CRSD Regarding the Issuance of the ACRSD Decision No. (2223/L.S/2021) of 1442 H. Convicting Violators of the Capital Market Law and its Implementing Regulations

News NCB and Samba shareholders approve merger to create Saudi National Bank

In 2019, Samba had 275 customers and ended 2020 with just 274, according to the prospectus.

Samba shares will be de-listed from the Saudi Stock Exchange Tadawul on the effective date of the merger, and the company dissolved with all its assets, liabilities and operations transferring into Saudi National Bank.
Saudi National Bank will unlock significant opportunities as a larger and exceptionally well-capitalized bank.

One reason for the growing losses is that the company lost customers between 2019 and 2020.

He was the Senior Vice president in charge for operations in Saudi Arabia where he set up the operation business further more from 2004 to 2008 was in charge of operations at Al Awal Capital.
The size of the potential loss is limited to the funds held by us for and on your behalf, in relation to your trading account.

Samba capital - ‎Sambatadawul on the App Store