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Saudi bank merger outlook to be clear by end-Q1 -central bank chief
The outlook for a proposed merger of Saudi British Bank and Alawwal Bank will become clear by the end of the first quarter of 2018, Saudi central bank governor, Ahmed al-Kholifey, told Al Arabiya television on Thursday. SABB, 40 percent owned by HSBC Holdings, and Alawwal, 40 percent owned by…
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Click here to read the full story: Reuters