Saudi National Bank (SNB) was founded as NCB in 1953 and merged with the Samba Financial Group in 2021. It operates 478 branches, 21 retail service centers, and 93 QuickPay remittance centers in Saudi Arabia, with overseas branches in Bahrain, the U.A.E., Qatar, and Singapore, and subsidiaries in Pakistan, the Cayman Islands, and Türkiye. As of December 2024, it had served 14.4 million customers and recorded total assets of $294.4 billion. In July 2024, the bank entered Taiwan’s Formosa market, issuing a $500 million five-year senior unsecured FRN Bond under its $5 billion Euro medium-term note program.