NCB Joins RippleNet


Thursday 13th September 2018 was when Ripple announced on their website that NCB (National Commercial Bank) of the Kingdom Saudi Arabia (KSA) has become the latest enterprise customer and joined up with RippleNet and Ripple’s fast growing network of payment providers, virtual asset exchanges, banks etc.

For Ripple, this is huge as KSA is massive player in the remittance space, with the World Banks remittances data “showing that 308 million dollars were sent into the KSA, and 37 billion dollars in remittances were sent from the country in 2016.”

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