Samba Bank Limited engages in the provision of commercial banking and related services in Pakistan. The company deposits include current account, savings account, term deposits, and specialized deposits. The company operates as a subsidiary of The Saudi National Bank.
Business Segments
The company operates through the various business segments, including Wholesale Banking, Global Markets, and Retail Banking.
Wholesale Banking
This segment focuses on providing banking services to large corpor...
Samba Bank Limited engages in the provision of commercial banking and related services in Pakistan. The company deposits include current account, savings account, term deposits, and specialized deposits. The company operates as a subsidiary of The Saudi National Bank.
Business Segments
The company operates through the various business segments, including Wholesale Banking, Global Markets, and Retail Banking.
Wholesale Banking
This segment focuses on providing banking services to large corporate clients, including loans, credit facilities, and other financial products.
Global Markets
This segment is responsible for the bank's treasury operations, including foreign exchange and money market activities.
Retail Banking
The Retail Banking segment caters to individual customers, offering a range of products such as personal loans, credit cards, and savings accounts.
Loans
Consumer Loans
Personal Loans are unsecured loans provided to individual customers for personal use, such as education, medical expenses, or other personal needs. Auto loans are provided for the purchase of vehicles. Home Loans are offered for the purchase, construction, or renovation of residential properties.
Corporate Loans
Short-term loans provided to businesses to finance their daily operations. Long-term loans provided for capital expenditure or other long-term investments. Loans and other financial products designed to facilitate international trade, including letters of credit and trade guarantees.
SME Loans
SME loans are tailored for small and medium-sized enterprises to support their growth and operational needs.
Investment Portfolio
The company invests in government securities include treasury bills, Pakistan Investment Bonds (PIBs), and sukuk bonds. The company invests in equities and corporate securities. including corporate bonds and Term Finance Certificates (TFCs). The company also invests in mutual funds and other financial instruments including various other financial products and derivatives.
Regulations
The company is regulated by State Bank of Pakistan, which issues various prudential regulations and guidelines. These include requirements for capital adequacy, risk management, and anti-money laundering measures. Banking Companies Ordinance, 1962 provides the legal framework for the regulation and supervision of banking companies in Pakistan. Companies Act, 2017 (XIX of 2017) governs the incorporation, regulation, and winding up of companies in Pakistan. Listed Companies (Code of Corporate Governance) Regulations, 2019 set out the corporate governance standards that listed companies must adhere to. They cover various aspects such as board composition, director responsibilities, and disclosure requirements.
History
Samba Bank Limited was founded in 2003.