A pair of Saudi law firms is advising two of the Kingdom’s biggest banks on a potential merger that could create the third-biggest banking entity in the Gulf Cooperation Council (GCC).
Abuhimed Alsheikh Alhagbani Law Firm (ASH) is advising the National Commercial Bank (NCB), according to the deal announcement, while Khoshaim & Associates is representing Samba Financial Group, according to a separate statement. ASH is the Saudi partner of Clifford Chance, while Khoshaim is the affiliate of Allen & Overy.
