Wednesday 27, July 2011 by

Bank of Sharjah signs $135 million club term loan facility

Bank of Sharjah announced today that it has signed a $135 million (AED 500 million equivalent) club term loan facility with four Mandated Lead Arrangers: Commerzbank Aktiengesellschaft (also acting as Agent and Coordinator), National Bank of Abu Dhabi PJSC, Intesa SanPaolo s.p.a and Wells Fargo Bank N.A.

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