SNB was founded as NCB in 1953 and merged with the Samba Financial Group in 2021. It operates 481 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 as well as subsidiaries in Pakistan and Türkiye. As of December 2024, it has 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.