Financial and Banking News


ABC Completes Last European Loans 

Arab Banking Corporation (ABC) has completed two successful deals which it helped to arrange for East European borrowers. The $600mn loan for the East German Deutsche Aussenhandelsbank (DAbank) (MEES 3 June) was increased from an original $200mn and had 26 lead managers, including ABC which provided $3mn over US Prime and $12mn over Libor, Bahrain Middle East Bank ($12.5mn over Libor), BAII ($2.5mn over...