[ad_1]
The National Commercial Bank and the Samba trading group have revealed their new names, days after obtaining approval from the General Competition Authority for their merger.
The National Bank and Samba Group will bear the name “National Bank of Saudi Arabia,” noting that they see the name as an embodiment of their vision to launch a banking giant that will boost the Kingdom’s economic and social development.
It should be noted that the General Competition Authority announced a few days ago that the Samba Group had merged with the National Bank and had transferred all its assets and liabilities to it.
As we continue to move forward in the process of a possible merger with the National Bank, we are pleased to unveil the proposed new name for the merging bank, in order to follow through it the successful path of both banks. Watch this short video and follow us on the merger website for more: https://t.co/thH7P1pE92 pic.twitter.com/rh4pJyNFio
– Samba Bank (@SambaBank) February 1, 2021
[ad_2]
Source link
