Financial and Banking News


SIB Establishes Leading Arab Role in Europaper Markets 

The rapidly-growing euromarkets for commercial paper, known by the many acronyms of the instruments involved, such as NIFs, SNIFs, RUFs, TRUFs and MOFFs, has not attracted as much interest from Arab banks as either the syndicated loan market or the primary bond market. One Arab name is however a well-established player in the new markets, namely the London-based Saudi International...