Karachi May 19 2022: Saudi National Bank, as the immediate parent company of Samba Bank Limited has notified that, following
completion of due diligence and an exploration for the sale of its shares in Samba Bank Ltd., SNB are
terminating the process for the sale of SNB’s equity stake in Samba Bank Ltd, according to company filling to the exchange.
The process has been terminated due to the considerable uncertainty in current market conditions.