Saudi Arabia

Saudi National Bank weighs global expansion via major deals

Saudi National Bank (SNB) is looking to make major acquisitions to expand its footprint outside the Kingdom, Bloomberg reported citing people familiar…

First Abu Dhabi Bank launches debut branch in Saudi Arabia

First Abu Dhabi Bank (FAB) has officially launched its first branch in Saudi Arabia. The new branch is located in…

Saudi Arabian banks SABB and Alawwal agree on nearly $5bn merger deal

Saudi British Bank (SABB) and Alawwal Bank have agreed to a preliminary and non-binding deal to merge their activities through…

UAE’s First Abu Dhabi Bank plans to enter Saudi Arabia this year

First Abu Dhabi Bank (FAB), a UAE based lender, has plans to enter into Saudi Arabia’s banking market in this…