‏🚨 In an important step within the financial sector, the National Commercial Bank (NCB) in the Kingdom of Saudi Arabia has joined the RippleNet network, a blockchain network for institutions owned by Ripple. Xaif recently published this development in a tweet, noting that the National Commercial Bank operates 400 branches across the Kingdom and is classified as the second largest bank in the Middle East in terms of total assets. This partnership is expected to enhance the National Commercial Bank's capabilities in cross-border payments, improving speed, efficiency, and cost-effectiveness.