In a significant development for Pakistan’s banking sector, Najd Gateway Holding Company has moved to acquire approximately 84.51% of the ordinary shares of Samba Bank Limited. The proposed acquisition would give the Saudi-based investment group majority control of the bank, subject to regulatory approvals.
According to a notification shared with the Exchange, Najd Gateway intends to purchase a substantial controlling stake in Samba Bank. The offer, if completed, would mark a major ownership shift for the bank.
An Addendum to the Public Announcement of Intention was published to address an omission in the earlier notice dated February 20, 2026. The earlier publication did not mention the authorized, issued, paid-up, or contributed capital of the acquiring company.
Arif Habib Limited, acting as the Manager to the Offer, confirmed that the updated announcement now includes these capital details. All other terms and information from the original announcement remain unchanged.
Najd Gateway Holding Company is a Saudi investment group led by Chairman Prince Mansour Bin Mohammad Al Saud. The group has been actively investing in Pakistan, particularly in sectors such as agriculture and technology. This proposed transaction signals its growing interest in expanding its footprint within the country’s financial landscape.
