Islamabad: Samba Bank Limited disclosed on December 5, 2025, that the Saudi National Bank, its majority shareholder, has received a non-binding offer from Najd Gateway Holding Company. This proposal entails the potential divestment of the Saudi National Bank's 100% stake in Samba Bank Limited, representing approximately 84.51% of the shares.

The disclosure, filed under Sections 96 and 131 of the Securities Act, 2015, and Clause 5.6.1 of the Rule Book of the Pakistan Stock Exchange Limited, was communicated from the company's registered office located at 19- Saleem Plaza, Blue Area, Jinnah Avenue, Islamabad. The announcement was made publicly as it directly concerns the listed securities of Samba Bank Limited.

According to information available from the Pakistan Stock Exchange (PSX), the potential transaction remains in preliminary stages, with conditions such as internal and regulatory approvals and the execution of definitive agreements still pending. The Saudi National Bank's decision regarding the divestment process, including access to due diligence information, is subject to these approvals.

The development marks a significant move in the financial sector, positioning Najd Gateway Holding Company as a prospective new player in the Pakistani banking market. Further updates will be anticipated as the process unfolds. The transaction is classified within the market category as a very large or significant move, given the scope and scale of the proposed divestment.