The new bank will have total assets of more than $220bn, creating the Gulf region’s third-largest lender
The combined bank would have total assets of about $210bn, making it the third largest in the region behind Qatar National Bank and First Abu Dhabi Bank
In this year’s Forbes list of the Middle East’s Top 100 Companies 2020, Saudi Arabia led the pack with 33 entries
Lenders warned that it’s still too early “to determine the size and extent of the financial impact at this stage”
The biggest listed companies in the Gulf region by market capitalisation
The biggest listed companies in Saudi Arabia by market capitalisation
Gulf Business reveals the 50 biggest banks in the GCC as ranked by total assets
The kingdom’s biggest listed banks, as ranked by total asset size
The biggest listed companies in the Gulf region
The biggest listed companies in the kingdom as ranked by market capitalisation
Gulf Business reveals the 50 biggest banks in the GCC as ranked by asset size
The GCC banking sector had a good year in 2014 with higher profit growth and…