Financial and Banking News


Arab Banks Venture Overseas Again

After concentrating their syndicated lending activity on Arab and West European borrowers in 1983, the Arab banks have in 1984 again ventured further afield in pursuit of loan assets, according to figures compiled by MEES. Although the volume of their syndicated lending activity fell for the second consecutive year to $5,716mn, the lowest total since 1980, the Arab banks increased their lending to borrowers...