Further to their preliminary announcement on 25 June, Saudi Arabia’s National Commercial Bank and Samba Financial Group have entered into a legally binding merger agreement. According to NCB Chairman Saeed Al-Ghamdi: "Saudi Arabia’s historic transfor...
Relative to most other emerging economies, Qatar is much more reliant on public sector spending and investment. With both banks having c90% of their assets in Qatar, there is likely to be scope for cost synergies. MARK is one of the most efficient ba...
Rahul Shah @ Tellimer Research 2 July 2020
Masraf Al Rayan attracts deposits and provides commercial and investment banking products according to Islamic principles.
Fixed Income - Corporate