Mergers & Acquisitions
Regulation, Risk & Compliance
Retail Banking
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NCB, Samba complete final phase of merger creating Saudi Arabia’s largest bank
The National Commercial Bank, or NCB, concluded the final phases of a merger deal with Riyadh-based Samba Financial Group on Jan. 6, 2022, to form Saudi National Bank. With assets exceeding SR900 billion ($240 billion) and capital amounting to SR44.7 billion, the new entity is believed to be the Kingdom’s…
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Click here to read the full story: Arab News