Middle East Economic Survey
NCB Converting Retail Business Into Islamic Operation
National Commercial Bank (NCB) is in the process of converting its retail business into an Islamic operation by the end of 2005, according to bank officials. The bank is the largest in both Saudi Arabia and the Arab world. The move is in response to a growing demand for Islamic products in Saudi Arabia, NCBs Senior Economist, Nahed Taher, told MEES. The retail business at...