NCB and Samba merger approved with a new name. Both the National Commercial Bank and the Samba Commercial Group revealed their new names, days after they obtained the approval of the General Authority for Competition for their merger.
NCB and Samba merger approved with a new name
The National Bank and Samba Group will carry the name “National Bank of Saudi Arabia,” noting that they consider the name an embodiment of their vision to launch a banking giant that will drive economic and social development in the Kingdom.
It is worth noting that the General Authority for Competition announced a few days ago that the Samba Group had merged with the National Bank and transferred all its assets and liabilities to it. (Source; Akhbar)
فيما نواصل التقدّم في عملية الاندماج المحتملة مع البنك الأهلي، يسعدنا أن نكشف لكم عن المسمى الجديد المطروح للبنك الدامج لنتابع من خلاله مسيرة البنكين الحافلة بالنجاح. شاهدوا هذا الفيديو القصير، وتابعونا على الموقع المخصص لعملية الاندماج لمعرفة المزيد:https://t.co/thH7P1pE92 pic.twitter.com/rh4pJyNFio
— Samba Bank (@SambaBank) February 1, 2021
More from Riyadh Xpress
The Cloud Corniche | Abha | Saudi Arabia
Lakes Park | Watch complete directions & details of Lakes Park in Riyadh.
Looking for a refreshing adventure in summers in Riyadh? Watch out the latest video of Ain Heet Cave near Riyadh for hiking.
Stay Safe by following precautionary measures given by the government
- Firstly, free movement with taking care of precautionary measures given by the government. Cautiously we returned to normal life.
- Staying at home can be very boring if you don’t have anything to do, we have made a list of things to do here.
- Buy protected mask: Click Here
Finally, follow Riyadh Xpress’s:
In addition, check out the latest articles by Riyadh Xpress
- Firstly, King Salman urged the world to respond to the human crises causes by Covid-19: Click Here.
- Secondly, Social Distancing Measures implemented in supermarkets: Click Here.
- Thirdly, the latest penalties on Iqama: Click Here.
- Fourthly, Disabled parking violation/fine in Saudi Arabia: Click Here.
- Lastly, hackers attack again to get your personal data: Click Here.
Check out the most viewed articles
- Firstly, one riyal shop in Riyadh: Click Here.
- Secondly, 5 Riyals Mall in Riyadh: Click Here.
- Thirdly, Riyal al Barakah: Click Here.
- Lastly, 20 new changes in Saudi Arabia in 2020: Click Here.