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Riyadh – Mubasher: Saudi Arabia’s National Commercial Bank (NCB) announced Thursday it decided to close its two branches in Lebanon due to their financial infeasibility. The bank obtained the approval of Lebanon’s central bank in this regard.
In a statement to Tadawul, NCB said its two branches in Beirut are part of its international banking segment, adding that the decision will have no material impact on its financial statements.
Source:
Mubasher
