Financial and Banking News


Arab Banks Co-manage 17 Bond Issues

Arab banks and financial institutions acted as co-managers on 17 bond issues in recent weeks, as indicated by the following table, which excludes all issues lead managed by Arab banks. Arab Banking Corporation (ABC), together with its Frankfurt subsidiary ABC-Daus, acted in seven issues. Saudi International Bank (SIB), with five issues, was the principal Arab player in the FRN sector, while Kuwait...