A bank for all
A message from the leadership of NCB and Samba.
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
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
A new Saudi banking champion
Largest wholesale bank supporting economic transformation in Saudi Arabia
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
Jun 25
2020
Merger announcement
Initial disclosure to pursue merger discussions and start due diligence
Jul 01
2020
Due diligence
Merger studies period for both banks
Oct 11
2020
Merger agreement signed
Signing of the agreement to proceed with the merger
Est. Q2
2021
Start of integration
Deal completion
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
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.
IR contacts
NCB
Institutional investors
Shareholders
Samba
Institutional investors
Shareholders
Frequently asked shareholder & investor questions
If you have a question that has not been answered below, view the full investor FAQ document
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
Frequently asked customer questions
If you have a question that has not been answered below, view the full customer FAQ document
Media
Members of the media are encouraged to reach out and to make use of the media pack available for download.
Media contact
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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