Sekerbank gets $100 million loan from Commerzbank, Emirates NBD, RZB and Wachovia

Home
News

Sunday 22, June 2008 by

Sekerbank gets $100 million loan from Commerzbank, Emirates NBD, RZB and Wachovia

Emirates NBD and Wachovia have been appointed as the coordinating banks for the facility. The facility was launched into general syndication on 20 June with banks from across the globe invited to participate in the Facility. The margin of the loan is 80 basis points, has a tenor of 364 days and the loan will be used for pre-export and trade finance purposes.

This content is available to registered users only.
Please click here to register/login.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more

Islamic Finance Barclays upbeat about Qatari banking sector
Investments Global accountants stick to plans for leases on balance sheets
Investment Banking Obligations and responsibilities of investment managers under draft SCA…
SME Finance Family businesses at the forefront of Middle East’s growth
see all archive