Samba Financial Group chooses Dubai International Financial Centre for international operations
- First Saudi Arabian banking license launched in DIFC
- DIFC presence will help Samba Financial Group access the regional markets
Dubai, UAE, 12th August 2020: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region is welcoming the leading Saudi Arabian Bank, Samba Financial Group to its ever growing client list.
Samba Financial Group will become the first Saudi Arabian bank to establish in DIFC. The Group will use DIFC to build an international presence by enhancing client coverage with professional clients across the region. The expansion complements Samba Financial Group’s UAE full-service banking presence, which was established in 2008.
The DIFC’s robust legal and regulatory framework, alongside its highly developed and comprehensive financial ecosystem, continues to be a catalyst for growth in regional banking.
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Press Release