Talk:Samba (bank)

Samba=>Saudi American Bank

I don't have an accurate date to when the name change took place. The bank has completely whitewashed this part of its history. I need a little help locating this info.Burning phoneix 11:51, 5 March 2006 (UTC)[reply]

According to http://www.ecoworld-mag.com/Detail.asp?InNewsItemID=132853, it happened late 2003. - Eagle^a^mⁿ 11:57, 5 March 2006 (UTC)[reply]

Citibank or Citigroup?

According to the official Samba website:

" Citibank acquired the remaining 40% of the equity in exchange for the assets of its Riyadh and Jeddah branches. Citibank entered into a Technical Management Agreement under which it agreed to manage the new bank. This agreement provided that Citibank would second staff to the new bank and provide technical support and that it would not receive compensation for these services (other than as a shareholder) except for reimbursement of actual expenses."

Are Citibank and Citigroup just two names for the same thing? Burning phoneix 07:10, 6 March 2006 (UTC)[reply]

No. Citibank is a commercial bank and only part of the giant financial company, Citigroup (investment bank). - Eagle^a^mⁿ 07:12, 6 March 2006 (UTC)[reply]

Name change due to anti-American sentiment?

I don't think the above assertion should be incorporated into the article. The name was changed when Citibank sold their remaining stake in Samba to al-Waleed bin Talal.

And the SABB mention is also incorrect, they're still called Saudi British Bank last time I checked.

HiJazzey 11:41, 16 March 2006 (UTC)[reply]