Financial and Banking News


Arab Banks Co-manage 13 Bond Issues 

Arab banks and financial institutions co-managed 13 bond issues during the past month, as indicated by the table below. Non US$-denominated issues accounted for nearly half of the total, a somewhat higher proportion than the one in four ratio recorded by Arab co-managers so far this year. The dominant Arab institution has been ABC, which together with its German and Hong Kong subsidiaries co-managed six...