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After conclusion of our intended merger, we will become

Saudi National Bank

 
 
A bank for all

A message from the leadership of NCB and Samba.

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This merger of NCB and SAMBA would create a clear national champion that will transform the local banking sector and catalyze the delivery of Saudi Arabia’s Vision 2030

Saeed Mohammed Al-Ghamdi, Chairman of NCB

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Our goal is to approach this merger with the objective to maximize opportunities for our customers, employees, local communities and shareholders. Together, SAMBA and NCB could truly become a bank for all

Ammar Alkhudairy, Chairman of SAMBA

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A new Saudi banking champion 

Largest wholesale bank supporting economic transformation in Saudi Arabia

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Creating the future

Unlocking value for families, entrepreneurs and visionaries

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Revolutionizing the Saudi banking industry 

The new, bigger bank will achieve significant value, driving positive impact for shareholders, customers and communities

 

The merged bank in numbers

Resilient powerhouse with strong liquidity and robust capital position 

Based on aggregated financials as at 30 June 2020

82%

loan to deposit ratio

120

billion

combined equity base
(USD 32 billion)

SAR

The largest bank in Saudi Arabia and the number one bank in the MENA region by net income – SAR 7.2 billion (USD 1.9 billion)

Based on aggregated financials as at 30 June 2020

(USD 223 billion)

837 billion

SAR

in assets
Merger timeline

Get your updates on the merger journey

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Jun 25

2020

Merger announcement

Initial disclosure to pursue merger discussions and start due diligence

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 Jul 01
2020

Due diligence

Merger studies period for both banks

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Oct 11
2020

Merger agreement signed

Signing of the agreement to proceed with the merger

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Est. Q2

2021

Start of integration

Deal completion

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Mar 01

2021

Extraordinary General Meeting (EGM) vote

Shareholders vote on the proposed merger after regulatory approvals

Stay up to date with what media is saying about the merger process

 
Latest news

Date

Article Headline

Publication

Link

30 Jun 2020

NCB and Samba merger would create new Middle East megabank 

The Banker

30 Jun 2020

NCB-Samba merger to create national champion in banking

Arab News

 
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Shareholders & investors

Learn more about the transaction and its benefits by downloading our investor presentation. For additional information or questions relating to your investment, please get in touch with your bank's investor relations representative.

 

Frequently asked shareholder & investor questions

If you have a question that has not been answered below, view the full investor FAQ document

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Customers

The proposed merger of NCB and Samba will deliver a world of benefits for customers, from upgraded services to new products. In the meantime, it will be business as usual for all corporate and personal banking clients at both banks, and you will be kept informed by your bank well in advance of any planned changes to services or products.

If you wish to know more about the merger, please download the documents below. For questions related to customer service, please reach out to your usual customer service contacts, which we have listed for you here.

 

Customer contacts

NCB customers
Email 

contactus@alahli.com 
Telephone

800 116 0131

Samba customers
Email 

CustomerCare@samba.com 

Telephone

800 124 2000

Frequently asked customer questions

If you have a question that has not been answered below, view the full customer FAQ document

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Media

Members of the media are encouraged to reach out and to make use of the media pack available for download.

 

Frequently asked media questions

If you have a question that has not been answered below, view the full media FAQ document

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