Samba Bank Profit Surges 48% to Rs273.67 Million in 1HCY26
Samba Bank reports a 47.5% increase in half-year profit to Rs273.67 million, supported by a reversal in credit loss provisions despite weaker core banking income.
Samba Bank Acquisition PAO Deadline Extended To November 17, 2026
Samba Bank’s proposed acquisition by Najd Gateway Holding Company has received a 90 day extension for the Public Announcement of Offer, moving the deadline to November 17, 2026.
Samba Bank Chairman Mustafa Ilyas Resigns From Board Of Directors
Samba Bank Chairman and Non Executive Director Mustafa Ilyas has resigned from the bank’s Board of Directors with effect from August 16, 2026, after serving as chairman since October 2022.
State Bank of Pakistan Grants Five New Approvals for Islamic Banking Operations
The SBP issues in-principle approvals to Samba Bank and four others to launch Shariah-compliant operations as demand for Islamic finance surges in Pakistan.
Mobilink Bank Appoints Mustapha Lotia as Chief Information Security Officer
Mobilink Bank welcomes cybersecurity expert Mustapha Lotia as CISO, leveraging his extensive experience across Telenor Easypaisa, TASDEEQ, NADRA, and major banks to strengthen security, risk governance, and data protection.
Najd Gateway Holding Moves to Acquire Majority Stake in Samba Bank
Najd Gateway Holding Company announces acquisition of 84.51% of Samba Bank shares, updating capital details in public offer addendum while other terms remain unchanged.
Samba Bank Reports 38% Decline in Nine-Month Profit as Interest Earnings Fall
Samba Bank Limited reported a 38% decline in profit after tax for the nine months ended September 30, 2025, driven by lower interest earnings despite growth in non-markup income and reduced credit loss provisions.
SBP Grants In-Principle Approval to Samba Bank for Islamic Banking Transformation
The State Bank of Pakistan has given in-principle approval to Samba Bank to begin Shariah-compliant operations, marking a major step in its planned transition from conventional banking to a fully Islamic bank.
Samba Bank Partners with Gas & Oil Pakistan to Expand ATM Network for Greater Customer Convenience
Samba Bank has joined hands with Gas & Oil Pakistan Limited (GO) to install ATMs at Aramco and GO stations across the country, making banking services more accessible and convenient for customers. This partnership reflects a shared vision of financial empowerment and customer ease.