FINANCIAL AND BANKING NEWS

LOANS AND ISSUES

KFTCIC and ABC Emerge as Premier Arab Bond Houses

Two Arab banks have emerged as the dominant Arab presence in the international bond market so far this year: Kuwait Foreign Trading, Contracting and Investment Company (KFTCIC) and Arab Banking Corporation (ABC)s which have been involved in the management of 25 and 21 bond issues respectively (excluding KD bonds) out of the total of 61 issues in which Arab banks were involved. If the KD bond...