Tag: National Commercial Bank
Saudi’s Samba Shares Surge After $15.6 Billion Takeover Bid
(Bloomberg) -- Samba Financial Group jumped in Saudi Arabia after rival National Commercial Bank, the kingdom’s largest lender by assets, offered to acquire it for...
Middle East Inks $25 Billion of Deals Defying Virus Gloom
(Bloomberg) -- It’s been a busy week for dealmaking in the Middle East.
In a matter of days, about $25 billion in deals have been struck...
Saudi’s Biggest Bank Abandons Plan to Create $200 Billion Lender
(Bloomberg) --Saudi Arabia’s biggest lender scrapped plans to merge with a local rival following a year of talks that would have created a bank...
