Financial and Banking News


Arab Banks Co-manage 12 Bond Issues 

Arab banks were involved in the co-management of the 12 following bond issues in the international markets during the past month. Saudi International Bank (SIB) was particularly active, co-managing four FRNs.

 Borrower Amount Maturity Arab Co-Managers (mn) Floating Rate Notes Banque Indosuez $125 1992 ABC, NBK, SIB Lloyds Bank $500 Perpetual SIB Bank of Ireland $150 Perpetual CBK, NCB Banco di Sicilia...