SNB gets offer for its stake in Samba Bank

MG News | December 05, 2025 at 10:20 AM GMT+05:00

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December 05, 2025 (MLN): Samba Bank Limited’s (PSX: SBL) majority shareholder, the Saudi National Bank (SNB), has received a non-binding offer from Najd Gateway Holding Company to acquire SNB’s entire 100% stake in Samba Bank Limited (Samba Pakistan), which represents about 84.51% of the bank’s shares.

According to a filing made to the Pakistan Stock Exchange (PSX), any move toward this potential transaction including due diligence and information sharing will depend on internal and regulatory approvals and the signing of definitive agreements.

At the time of writing, SBL is being traded at Rs12.61, up Rs1.15 (10.03%).

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