Tag: Samba Financial Group
Saudi’s NCB, Samba merger deal concludes formally
The merger of Saudi Arabia's largest retail lender National Commercial Bank (NCB), and its smaller competitor, Samba Financial Group (Samba), is now complete, with...
NCB, Samba clear shareholders’ approval; Saudi National Bank to go live...
Saudi Arabia's National Commercial Bank (NCB) and Samba Financial Group (Samba) have received the approval of its shareholders for the merger and to become...
NCB to be renamed ‘Saudi National Bank’ following merger with Samba
Saudi Arabia’s largest lender National Commercial Bank (NCB) has planned to change its name to 'Saudi National Bank' after the completion of its intended...
NCB-Samba Merger; Will create 3rd largest lender in the Gulf Region
A binding merger agreement with smaller lender Samba Financial Group has been agreed by Saudi Arabia’s largest lender National Commercial Bank (NCB) to create...
Saudi Banks Merge; NCB set to acquire Samba in a $15.3bn...
Two of the largest banks in Saudi Arabia, The National Commercial Bank (NCB) and Samba Financial Group have entered into an initial agreement to...
NCB and Samba Financial Group report increase in profits
Saudi Arabia's biggest lender National Commercial Bank reported a 2.1 percent growth in quarterly profit despite higher allocations while Samba Financial Group stunned with...