Tag: NCB
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...
Saudi Riyal added as “settlement currency” on AMF’s Buna platform
The Saudi Riyal has been included as a settlement currency in 'Buna,' the cross-border payment system owned by the Arab Monetary Fund, making it...
Saudi’s NCB record a 24% rise in Q3 net profits
National Commercial Bank (NCB), a leading financial institution in Saudi Arabia, posted a 24 percent increase in third-quarter net profit as net commission income...
