SNB, created through the merger of NCB and Samba Financial Group, on Monday reported a 20% rise in its first quarter net profit. Michael Bou-Nacklie / The National
SNB, created through the merger of NCB and Samba Financial Group, on Monday reported a 20% rise in its first quarter net profit. Michael Bou-Nacklie / The National

Banking

NCB and Samba complete merger deal to create Saudi Arabia's biggest lender

Saudi National Bank will have $239bn in assets and a 30% market share

Sarmad Khan
Sarmad Khan
Abu Dhabi

April 06, 2021