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samba bank

Samba Bank Limited: BAFL withdraws PAI to acquire SNB shareholding

KARACHI: Bank Alfalah Limited (BAFL) has withdrawn its public announcement of intention (PAI) to acquire 84.51...

Published 15 Nov, 2024 06:40am

Business & Finance

Bank Alfalah withdraws intention to acquire stake in Samba Bank as SNB halts divestment

Bank Alfalah Limited (BAFL), one of Pakistan’s largest commercial banks, has withdrawn its public announcement of...

Updated 14 Nov, 2024 10:59pm

Business & Finance

Saudi National Bank terminates plan to divest stake in Samba Pakistan

Saudi National Bank (SNB) has terminated the process for the sale of its equity stake in Samba Pakistan. The...

Updated 12 Nov, 2024 10:46pm

Business & Finance

SBP gives go-ahead to Bank Alfalah to conduct due diligence of Samba Bank

The State Bank of Pakistan (SBP) has granted its approval to Bank Alfalah Limited to commence due diligence of Samba...

Updated 20 May, 2024 08:07pm

Business & Finance

FTSL implements ‘Trade Compliance Navigator’ at Samba Bank

KARACHI: Fintech Transformation Services (Pvt) Limited (FTSL) announced the successful implementation of their...

Published 21 Apr, 2024 04:10am

Business & Finance

Offer to acquire stake in Samba Bank: SNB confirms willingness to Bank Alfalah

KARACHI: Saudi National Bank (SNB) has confirmed to the Bank Alfalah that they are willing to entertain non-binding...

Published 30 Mar, 2024 04:58am

Business & Finance

Samba Bank appoints Ahmad Tariq as president & CEO

The Board of Directors (BoD) of Samba Bank Limited (SBL) appointed Ahmad Tariq Azam as president and Chief Executive...

Published 03 Apr, 2023 01:00pm

Business & Finance

NdcTech upgrades core banking platform of Samba Bank

KARACHI: Technology services company NdcTech has successfully modernised the core banking system of Samba Bank,...

Published 28 Mar, 2023 06:21am

Business & Finance

Meezan Bank, Samba Bank celebrate RDA success in Bahrain

KARACHI: Meezan Bank and Samba Bank in collaboration with the Embassy of Pakistan in Bahrain hosted a reception at...

Published 26 Aug, 2022 06:02am

Opinion

Banks need to modernize core banking system

Pakistan’s banking industry has thrived tremendously over the last few years with consistent growth witnessed in...

Published 24 Jul, 2022 05:04am

Pakistan

President & CEO Samba Bank Shahid Sattar retires

KARACHI: President and CEO of Samba Bank Limited, Shahid Sattar, after attaining his retirement age of 65 years will...

Published 18 Jun, 2022 06:00am

Business & Finance

VIS maintains entity ratings of Samba Bank

KARACHI: VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of Samba Bank Limited (‘SBL’...

Published 24 May, 2022 05:35am

Business & Finance

Divestment of stake in Samba Process terminated due to uncertainty in market: SNB

KARACHI: Saudi National Bank, as the immediate parent company of Samba Bank Limited has notified that, following...

Published 19 May, 2022 05:29am

Due diligence of Samba Bank: UBL granted approval by SBP

KARACHI: The State Bank Pakistan (SBP) has granted in principle approval to United Bank Limited (UBL) for conducting...

Updated 27 Jan, 2022 09:54am

Acquiring of 84.51pc paid up capital: Samba Bank receives firm intention

KARACHI: Samba Bank Limited has received firm intention from a consortium through its manager to the offer, Arif...

Published 22 Dec, 2021 06:13am

Samba Bank shares: FFC allowed by board to evaluate potential acquisition

KARACHI: The board of directors of Fatima Fertilizer Company (FFC) Limited has approved to evaluate and pursue the...

Published 21 Dec, 2021 04:14am

Business & Finance

Samba Bank and Emaar Pakistan sign MoU

KARACHI: A signing ceremony was held at the office of Emaar Pakistan, Karachi and the MOU was signed to provide ...

Published 09 Nov, 2021 04:48am

Pakistan

BoP-led syndicate raises Rs2,600m financing for VEDA Transit Solutions

LAHORE: VEDA Transit Solutions (Pvt.) Ltd has signed a financing agreement for a Rs 2,600 million term loan from a...

Published 18 Mar, 2021 03:56am

SBP approves Rs5bn Samba Bank TFCs issue

KARACHI: The State Bank of Pakistan (SBP) had granted its final approval to the Samba Bank Limited for issuance of...

Published 04 Mar, 2021 04:58am

Business & Finance

Samba Bank to float Rs5bn TFC to spread operations

It is pertinent to mention that Samba Bank is part of the Saudi Financial Group (SFG) that is based in the Kingdom of Saudi Arabia, and has some 40 branches operating in the major cities of Pakistan.

Published 14 Nov, 2020 12:29pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 24	278.80
USD PKR Interbank Buying / Jan 24	278.60
USD to Japanese Yen / Jan 24	156
USD to Swiss Franc / Jan 24	0.91
Pound Sterling to USD / Jan 24	1.25
Euro to USD / Jan 24	1.05

Stock	Volume
S&P 500 / Jan 24	6,101.24
India Sensex / Jan 24	76,190.46
Tokyo Nikkei / Jan 24	39,931.98
Nasdaq / Jan 24	19,954.30
Hang Seng / Jan 24	20,066.19
FTSE 100 / Jan 24	8,502.35
Dow Jones / Jan 24	44,424.25
Germany DAX 30 / Jan 24	21,394.93

Item	Value
Crude Oil USD/Barrel / Jan 24	74.66
Karachi Cotton PKR/37.32 KG / Jan 24	18,485
Gold 10 Grams PKR / Jan 24	248,285
Gold Spot USD/Ounce / Jan 24	2,770.58
Cotton US¢/pound / Jan 24	67.61
Petrol/Litre / Jan 26	256.13

Gainers
Losers
Leaders

Stock	Price
Escorts Bank / Jan 24 Escorts Investment Bank Limited(ESBL)	6.79 ▲ 1.00 (17.27%)
Khalid Siraj / Jan 24 Khalid Siraj Textile Mills Limited(KSTM)	9.05 ▲ 0.95 (11.73%)
Agritech Limited / Jan 24 Agritech Limited(AGL)	52.46 ▲ 4.77 (10.00%)
Loads Limited / Jan 24 Loads Limited(LOADS)	18.92 ▲ 1.72 (10.00%)
Sardar Chemical / Jan 24 Sardar Chemical Industries Limited(SARC)	35.75 ▲ 3.25 (10.00%)
Leather Up Ltd. / Jan 24 Leather Up Limited(LEUL)	33.36 ▲ 3.03 (9.99%)
Shezan Inter. / Jan 24 Shezan International Limited(SHEZ)	148.17 ▲ 13.46 (9.99%)
Saritow Spinning / Jan 24 Saritow Spinning Mills Limited(SSML)	11.13 ▲ 1.01 (9.98%)
Ellcot Spinning / Jan 24 Ellcot Spinning Mills Limited(ELSM)	113.60 ▲ 10.30 (9.97%)

Stock	Price
Mandviwala / Jan 24 Mandviwala Mauser Plastic Industries(MWMP)	19.13 ▼ -2.12 (-9.98%)
Gulistan Sp. / Jan 24 Gulistan Spinning Mills Limited(GUSM)	9.84 ▼ -1.09 (-9.97%)
Zahid Jee Textile / Jan 24 Zahidjee Textile Mills Limited(ZAHID)	27.24 ▼ -2.97 (-9.83%)
Crescent Cotton / Jan 24 Crescent Cotton Mills Limited(CCM)	48.50 ▼ -5.02 (-9.38%)
Ashfaq Textile / Jan 24 Ashfaq Textile Mills Limited(ASHT)	14.15 ▼ -1.35 (-8.71%)
Dawood Lawrencepur / Jan 24 Dawood Lawrencepur Limited(DLL)	302.50 ▼ -19.20 (-5.97%)
Elahi Cot. / Jan 24 Elahi Cotton Mills Limited(ELCM)	105 ▼ -6.00 (-5.41%)
Hussain Industries / Jan 24 Husein Industries Limited(HUSI)	28.01 ▼ -1.41 (-4.79%)
The Thal Ind.Corp. / Jan 24 The Thal Industries Corporation Limited(TICL)	295.01 ▼ -13.99 (-4.53%)

Stock	Volume
Cnergyico PK / Jan 24 Cnergyico PK Limited(CNERGY)	143,693,542 ▼ -0.10
WorldCall Telecom / Jan 24 Worldcall Telecom Limited(WTL)	78,194,783 ▼ -0.01
Sui South Gas / Jan 24 Sui Southern Gas Company Limited(SSGC)	57,202,439 ▲ 3.90
Fauji Cement / Jan 24 Fauji Cement Company Limited(FCCL)	47,170,217 ▼ -0.65
Lotte Chemical / Jan 24 Lotte Chemical Pakistan Limited(LOTCHEM)	35,630,848 ▼ -0.46
Citi Pharma Ltd / Jan 24 Citi Pharma Ltd.(CPHL)	32,528,835 ▼ -2.50
The Searle Co. / Jan 24 The Searle Company Limited(SEARL)	26,563,258 ▲ 5.41
Maple Leaf Cement / Jan 24 Maple Leaf Cement Factory Limited(MLCF)	26,433,374 ▼ -0.94
Fauji Foods Ltd / Jan 24 Fauji Foods Limited(FFL)	22,111,604 ▼ -0.06

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