Financial and Banking News
LOANS AND ISSUES
Arab Banks Complete $2.1bn Syndicated Loans in First Half
With all but three Arab banks having effectively dropped out of lead-management roles on major deals and with the international syndicated loan market in continued decline, it is hardly surprising that according to MEES calculations only $2.1bn worth of loans were led by Arab banks during the first six months of this year. This represents a decline of 28% from the equivalent period...