Friday, December 05 2025

Saudi firm Najd Gateway seeks majority stake in Samba Bank Pakistan
The Saudi National Bank (SNB), the majority shareholder of Samba Bank Limited, has received an offer from Najd Gateway Holding Company to acquire SNB’s entire shareholding in Samba Bank Pakistan, representing approximately 84.51% of the bank’s issued shares. Samba disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Friday. “The Saudi National Bank (SNB), as the majority shareholder of Samba Bank Limited, has notified that they have received a non-binding offer from Najd Gateway Holding Company relating to the proposed divestment of SNB’s 100% stake in Samba Bank Limited (Samba Pakistan), representing approximately 84.51% shares in Samba Pakistan,” read the notice. However, SNB has clarified that any decision relating to the potential transaction or process relating thereto, including access to information for purposes of diligence, shall be subject to internal and regulatory approvals and execution of definitive agreements.
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