Riyadh – Mubasher: The National Commercial Bank (NCB) and Samba Financial Group created a joint website that contains information relating to the contemplated merger between the two banks, according to a bourse statement on Wednesday.
On Sunday, NCB entered into a legally binding agreement with Samba to implement a merger between the two lenders.
The NCB-Samba tie-up will create a regional powerhouse with SAR 837 billion ($223 billion) in assets, uniquely positioned to accelerate the transformation of Saudi Arabia’s banking landscape and deliver progress towards Vision 2030.
The website can be accessed via the following link: https://www.ncbsambastronger.com.
