CI - Capital Intelligence (Cyprus) Limited

04/14/2021 | Press release | Distributed by Public on 04/14/2021 07:43

Ratings of Samba Financial Group Withdrawn Following Merger

14 April 2021 | Country: Saudi Arabia | Bank: Samba Financial Group (SAMBA)


Capital Intelligence Ratings (CI Ratings or CI) today announced that it has withdrawn the ratings and discontinued analytical coverage of Samba Financial Group (Samba).

Samba has ceased to exist as a separate legal entity, with all assets and liabilities transferred to The National Commercial Bank (NCB), following the completion of their merger on 1 April 2021. NCB is the continuing legal entity.


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