Samba Financial Group · Riyadh Saudi Arabia
Company Description
Phone: +966-1-477-4770
Fax: +966-1-479-9725
Rankings
- #498 in FT Global 500
View Samba Financial Group Locations On A US Map
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This link will open in a new window The sound of money is music to Samba Financial Group's ears. The bank offers corporate advisory, investment banking, asset management, retail banking, and related services through more than 80 branches in Saudi Arabia. A London branch caters to Saudi customers in the UK; a handful of Islamic Banking branches offer Shariah-compliant services. Its commercial segment caters to the small and midsized business sector; credit cards and car financing products are found under the "Al-Khair" brand name. Samba Financial Group was established when it took over the two Saudi branches owned by Citibank in 1980; Citibank sold off the last of its stake in the company in 2004. To read the full description, subscribe now.
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Key Samba Financial Group Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $10,376.5 |
| Employees | 3,410 |
Samba Financial Group Executives
8 executives listed for Samba Financial Group's Riyadh, location.
| Title | Name & Bio | Contact |
| Chairman | Saud Al-Gosaibi | Network |
| Managing Director and CEO | Eisa Al-Eisa | Network |
| Head of Operations and Technology | Syed Naeem | Network |
Competition
Competitive Landscape for Samba Financial Group
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Samba Financial Group Competitors
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