Tag: Saudi National Bank
Saudi EXIM Bank signs 2 pacts with SNB to boost non-oil...
The Saudi Export-Import (EXIM) Bank and the Saudi National Bank (SNB) have signed an insurance agreement to enhance documentary credits and a major Murabaha...
Bupa Arabia seals health insurance contract with Saudi National Bank
Saudi Arabia-based leading medical healthcare insurance company, Bupa Arabia has signed a one-year agreement with Saudi National Bank (SNB), the leader in the banking...
PIF-owned SRC signs $266mn refinancing deal with SNB
Saudi Real Estate Refinance Company (SRC), a wholly-owned subsidiary of the Public Investment Fund (PIF), will sell a $266.6 million real estate financing portfolio...
Saudi SNB affirms strong ESG goals in its sustainable finance framework
Saudi National Bank (SNB), the largest banking group in Saudi Arabia, has become the first commercial banking group in the Kingdom to establish a...
Standard Chartered makes 1st $250mn ESG-Repo deal with Saudi National Bank
Standard Chartered, a British multinational banking and financial services company has successfully completed its first Environmental, Social, and Governance (ESG) 'Use of Proceeds' repurchase...
Saudi National Bank’s first-half income rises to $1.72bn amid economic rebound
The country’s biggest lender by assets, Saudi National Bank (SNB) has reported a rise of more than 12 percent in the first-half net profit...
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...