VOL. XXXII

NO. 11

19-DECEMBER-1988

Financial and Banking News

LOANS AND ISSUES

GIB Arranges Turkish and Moroccan Deals

Gulf International Bank (GIB) last week signed two loan agreements which ithas arranged for a total of $140mn for Turkish and Morrocan borrowers. On 13December a $60mn pre-export financing facility for Yapi ve Kredi Bankasi ofTurkey was signed which GIB lead managed together with the Bahrain branch ofBank of Tokyo. The facility provides for a final maturity of 12 months with...