Merger | ALAWWAL BANK | 20th June 2019
Due to the merger of ALAWWAL BANK with SAUDI BRITISH BANK SJSC, the following treatment will be applied to the following indices.
Solactive Emerging Markets Large Cap USD Index
- ALAWWAL BANK will be removed from the Index.
- The shares of SAUDI BRITISH BANK SJSC will be increased according to the stock terms of the transaction.
- Effective Date (open): 06/20/2019.