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NCB, Samba complete historic merger; set up new entity SNBLeading Saudi banks - National Commercial Bank (NCB) and Samba Financial Group (Samba) - has announced the formal completion of their historic merger to create a new regional financial powerhouse - Saudi National Bank. More… |
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NCB, Mastercard launch corporate credit card in SaudiMastercard, the global technology leader, and the National Commercial Bank (NCB), a leading financial institution in the region, have launched a new corporate credit card for NCB corporate and MSMEs clients in Saudi Arabia. The Ma More… |
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BIG BANK MERGER: Saudi Arabia's NCB, Samba enter dealSaudi Arabia’s National Commercial Bank (NCB) and Samba Financial Group (Samba) today announced that they have entered into a binding agreement to merge. If approved by shareholders and regulators, the me More… |
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NCB signs agreement with Samba for potential mergerSaudi Arabia’s biggest lender National Commercial Bank (NCB) said that it entered into a framework agreement with Samba Financial Group to begin a reciprocal due diligence process and to negotiate a potential merger of the two entities. More… |
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Accenture upgrades technology platform at NCBAccenture, the global professional services company, has successfully completed the core system replacement of the retail banking operations at Saudi Arabia's National Commercial Bank (NCB). The highly complex project, which t More… |
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Accenture upgrades technology platform at NCBAccenture, the global professional services company, has successfully completed the core system replacement of the retail banking operations at Saudi Arabia's National Commercial Bank (NCB). The highly complex project, which t More… |
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Saudi bourse appoints first female chairSarah Al Suhaimi, the chief executive of NCB Capital, the investment banking unit of National Commercial Bank, has become the first woman to chair The Saudi Stock Exchange, the largest bourse in the region. Al More… |
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Saudi NCB's net profit up 3.2pc in Q2Saudi Arabia's National Commercial Bank (NCB), the kingdom's listed largest lender, reported a 3.2 per cent rise in second-quarter net profit on Sunday, at the low end of analysts' forecasts. The bank made a net profit More… |
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Saudi construction contract value plunges 51pc in Q1The total value of construction contracts awarded in Saudi Arabia hit SR27.9 billion ($7.4 billion) during the first quarter, down 51 per cent over SR57.3 billion ($15.2 billion) for the same period last year, said a report by the country's More… |
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Gemalto to deploy contactless EMV cards for NCBSaudi Arabia's National Commercial Bank (NCB) has chosen Gemalto, a leader in digital security, to migrate its entire portfolio of credit cards to fast, convenient and secure contactless EMV (Europay, Mastercard and Visa) cards, according More… |
