Mergers & Acquisitions
Retail Banking
Uncategorized
Saudi Arabia's largest lender abandons potential merger
National Commercial Bank, the biggest lender in Saudi Arabia by assets, ended talks for a merger with its smaller rival Riyad Bank, terminating a potential deal, which promised to create a banking giant with $200 billion (Dh734bn) in combined assets. The boards of the two lenders agreed to stop merger…
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