Samba Bank opens branches in Lahore and Islamabad


Karachi: Samba Bank Limited (SBL) opened two new branches in Allama Iqbal Town, Lahore and F-7, Islamabad, with the latter also housing the Area office for Northern Areas. 

The branches were inaugurated by Dr. Shujaat Nadeem (Member of the Board of Samba Bank Limited), in the presence of Mr. Tawfiq A. Husain, President and CEO, and senior management of the Bank.

On the occasion, Taufiq A. Husain, President & CEO, Samba Bank Limited said; “SBL is constantly improving its footprint in Pakistan, while developing and promoting its alternate distribution channels. This, along with the planned regular launch of new products, will enhance SBL’s value proposition to its customers and facilitate in expanding its customer base, which is important for the development of our franchise”.

Samba Bank Limited is 80.68% owned by Samba Financial Group, Kingdom of Saudi Arabia, which itself is rated Aa3 by Moody’s Investors Service.