Financial and Banking News


GIB Signs $50mn Turkish Export Credit 

The $50mn pre-export finance facility arranged by Gulf International Bank (GIB) for Yapi ve Kredi Bankasi (MEES 19 August) was duly signed on 22 September. GIB retained the sole lead manager position, with participation as follows: GIB ($7mn), Bank of America ($5mn), ALUBAF Arab International Bank, Bank of Bahrain and Kuwait, Bank of Tokyo, Irving Trust Company and Kuwait Asia Bank ($4mn each),...