Tuesday, 02 January 2024 12:17 GMT

Saudi National Bank looks for new position in Europe, Asia


(MENAFN) Saudi National Bank has been revising possible acquisitions of financial organizations in Europe along with Asia, based on a news agency statement quoting people who are familiar with the subject.

According to the people’s statement, who asked to stay unidentified for information privacy, the country’s executives largest bank have been observing possible locations and are going to give the framework of a new policy to the board in the upcoming few months.

The lender, which has a market worth of USD82 billion, is going to only begin examining possible locations in detail after the result of that assessment, as reported by the people quoted by Bloomberg.

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