Alawwal and SABB to merge to create Saudi Arabia's third largest bank

DUBAI, May 16 (Reuters) - Saudi British Bank (SABB) and Alawwal Bank have agreed on a merger, Alawwal Bank said on Wednesday, in a deal that would create Saudi Arabia's third-biggest bank with assets of around $77 billion.

from Reuters: New Issues News https://ift.tt/2Ks6wLx