Article length: 168 words

Saudi Arabia: NCB and Samba in merger talks

National Commercial Bank (NCB) announced another attempt at combining with a local rival when on 25 June it said it was in talks with Samba Financial Group. The two lenders have entered a framework agreement and are to start a reciprocal due diligence process and negotiate binding terms for a deal.

Go to full article

Credit value: 1

African Energy Gulf States Newsletter