The latest merger development news
SAMA have given their consent for our planned merger to go ahead. That’s the first of our regulatory approvals completed and another important step forward for our merger.
What happens next
For now, nothing changes and you should continue to enjoy your banking services as normal.
Shareholders of each bank will vote on the decision to merge in the coming months. We will continue to operate as independent bank until the merger is completed, which is expected to be in the first half of 2019.
Please note that any changes to your current relationship or products with the bank will be communicated to you well in advance.
A comprehensive set of Q&As have been prepared for our customers