Mergers & Acquisitions
Retail Banking
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Saudi banks SABB and Alawwal get nod for merger plan
Saudi British Bank the HSBC Holdings affiliate, on Wednesday announced that it has obtained all required regulatory approvals for its proposed merger with Alawwal Bank. The plan to create the Gulf kingdom's third largest bank was first announced last year but now it has the approval of the Capital Market…
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Click here to read the full story: Arabian Business