NCB, Samba shareholders approve merger to create Saudi National Bank, kingdom’s biggest lender

Operations under the new name and structure are planned to start on April 1, 2021

Saudi’s $360bn sovereign wealth fund PIF rejigs top leadership

The reshuffle comes as the PIF and its subsidiaries prepare to significantly increase domestic spending

New M&A wave seen for Gulf banks trying to outrun virus slowdown

There are more than 70 listed banks in the six-nation Gulf Cooperation Council

Shares In Biggest Saudi Bank Jump 10% On Listing

The state-owned bank revealed that the portion for retail investors was 23 times subscribed, with a total of 1.25 million subscribers.