Financial and Banking News
LOANS AND ISSUES
Turkish Borrowing Popular
A number of Arab banks and financial institutions have been involved in the Turkish market in recent weeks. The big Turkish bank, Is Bankasi, is raising $150mn in short-term funding from a syndicate of international banks which includes a significant Arab presence. Among the ten lead managers are Gulf International Bank (GIB), Kuwait Foreign Trading, Contracting and Investment Company (KFTCIC) and Commercial Bank of...
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