Sunday, 23 November 2008 | 16:08 UAE time
COMPANIES
Samba Financial Group - Saudi Arabia
- 47.70 Last
- -3.80 (-7.38%) Today's Change
- 1.80m Volume
- 51.50-128.00 52 Week Range
- -52.30 (-52.30%) 52 Week Change
COMPANY DESCRIPTION
Samba Financial is expanding from its Saudi base and in June started operations in the UAE after also winning a license to operate in Qatar.Samba has been able to increase its Islamic and conventional finance business in Saudi Arabia over the last year helping to arrange large-scale financing deals for companies including Saudi Telecom and BNP Paribas.
Samba shares however, have had a tough first half, losing around a third of their value in from the beginning of the year to June 23.
KEY INFORMATION
Industry
Asset Management, Commercial Banks, Investment Banks, Investment Funds
Address
King Abdul Aziz Road, 833, Riyadh, Saudi Arabia
T
966 1 4774770
F
966 1 4799657
E
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 12 Feb 1980 | - |
MAJOR SHAREHOLDERS
| Name | Country |
|---|---|
| Ahmad Hamad Algosaibi & Brothers | Saudi Arabia |
| Bank Melli Iran | Iran |
| Banque du Caire | Egypt |
| General Organization for Social Insurance | Saudi Arabia |
| Kingdom Holding Company | Saudi Arabia |
| Public Investment Fund | Saudi Arabia |
| Public Pension Agency | Saudi Arabia |
| Saad Trading Contracting & Financial Services Company | Saudi Arabia |
PORTFOLIO
| Name | Country |
|---|---|
| Crescent Commercial Bank | Pakistan |
| Rasmala Investments Holdings | UAE |
| Samba Fund Management | Saudi Arabia |
| Sambacapital | Saudi Arabia |
| Saudi Travellers Cheque Company | Saudi Arabia |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Saud A. Al Gosaibi | Chairman |
| Eisa M. Al Eisa | Board Member |
| Ibrahim O. Nazer | Board Member |
| Fahad M. Al Husayen | Board Member |
| Ali H. Alireza | Board Member |
| Mousa A. Al Rubaian | Board Member |
| Mohammed A. Abunayan | Board Member |
| Mohammed S. Al Ghofaili | Board Member |
| Ahmed M. Al Omran | Board Member |
| Zaki A. Al Mousa | Board Member |
| SHARIA BOARD | Position |
| Sheikh Abdullah Sulieman Al Mane'a | Chairman |
| Sheikh Abdullah Mohammad Al Mutlaq | Board Member |
| Sheikh Abdul Sattar Abu Ghuddah | Board Member |
| Sheikh Mohammed Ali El Qari | Board Member |
| Sheikh Nizam Yaqubi | Board Member |
| MANAGEMENT | Position |
| Issa M. Al Issa | Chief Executive Officer & Managing Director |
| Beji Tak Tak | Chief Risk Officer |
| Howard Handy | General Manager & Chief Economist |
| Hala Kudwa | Head of Operations & Technology |
| Ajay Makhija | Head of Consumer Banking |
| Shujaat Nadeem | Head of Treasury |
| Imad Al Shorayea | Head of Sales |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
- Head of Consumer Lending, Qatar, Qatar
- Finance Manager, UAE, UAE
- Financial Controller, Dubai, UAE
- Senior Accountant, Dubai, UAE
- Senior Equity Trader, Abu Dhabi, UAE
Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details.
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