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COVID-19 impact: More financial sector mergers likely in Saudi Arabia, GCC

The offer from National Commercial Bank (NCB), Saudi Arabia’s largest lender by assets to acquire rival Samba Financial Group is likely to trigger a wave of mergers and acquisitions in the financial services sectors in Saudi Arabia and wider GCC, according to analysts. In the proposed deal, NCB has offered…

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Click here to read the full story: Gulf News

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