National Commercial Bank is expected to further extend its lead as the largest bank in Saudi Arabia after the merger with Samba Financial Group. Michael Bou-Nacklie / The National
National Commercial Bank is expected to further extend its lead as the largest bank in Saudi Arabia after the merger with Samba Financial Group. Michael Bou-Nacklie / The National

Business

BofA upgrades recommendation on NCB on potential merger news

A tie-up with Samba could increase NCB's earnings by 7-10% by the end of 2022, according to analysts' note

Fareed Rahman
Fareed Rahman

June 30, 2020