Mergers & Acquisitions
Retail Banking
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S&P revises Saudi's SFG, NCB outlooks to positive on planned merger
Credit agency S&P said on Thursday it had revised to positive the outlooks for Samba Financial Group (SFG) and National Commercial Bank (NCB) in view of a planned merger, which is expected to be completed in the first half of 2021. NCB, Saudi Arabia’s biggest lender, signed last October a…
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