Samba Financial Group and FC Barcelona unveiled sponsorship and partnership agreement, which is the first of its kind on a local level, making Samba the Official Sponsor and Official Bank of FC Barcelona in the Kingdom of Saudi Arabia for the next 3 years.
Samba Financial Group has signed a cooperation agreement with the Saudi Development Fund (SDF) through the Saudi Exports Program. Under the agreement, Samba will carry out all the banking requirements related to the financing of Saudi exports, including support for letters of credit from foreign banks in favour of Saudi exporters. In return, DSF will provide guarantees for the export of non-oil national products. The agreement was signed by Mr. Eisa Mohammad Al-Eisa, Chairman of the Board of Directors of Samba Financial Group, and Vice President and Managing Director of the Saudi Development Fund, His Excellency Engineer Yusuf Ibrahim Al-Bassam.
Samba Credit Cards has launched another innovative first for the region's credit card market - the new Samba E-Mall, an online shopping mall featuring over 350 leading global merchants and thousands of top brands available anytime, anywhere exclusively for Samba Credit Cardholders.
Samba Financial Group reaffirmed its supremacy as a leading banking institution on a local, regional and international level, maintaining its position as the best bank in the Kingdom of Saudi Arabia in 2013 for the eighth consecutive year. The findings were announced in an annual survey conducted by "Global Finance", an international publication specialised in banking and financial industry, to assess the best banks operating in the emerging markets in the Middle East. Samba has once again provided the high standards and consistency to clients, in-line with international best practice.