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BNP Paribas receives Saudi regional headquarters licence
Source: reuters.com
Geopolitics & WarBanking & LiquidityCompany Fundamentals
BNP Paribas received a regional headquarters license in Saudi Arabia, according to SPA, as it expands its presence in the kingdom. The news is a positive step for its Middle East strategy but is unlikely to materially shift near-term earnings on its own.
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