DUBAI, Jan 30 (Reuters) - Saudi Arabia's largest lender, National Commercial Bank , has picked four banks to arrange a local currency sukuk that will boost its capital, a document from lead managers said on Thursday.
NCB had mandated itself as well as the investment banking arm of Gulf International Bank and the Saudi Arabian units of HSBC and JP Morgan to arrange the transaction.
The size of the issue has yet to be determined.
(Reporting by Azza El Arabi; Writing by David French; Editing by Dinesh Nair)
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Keywords: SAUDI NCB/SUKUK
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