Middle East Economic Survey
VOL. XLVII
No 46
15-November-2004
REGIONAL BANKING
Bank Of Kuwait And The Middle East Secures $150Mn Loan
The Bank of Kuwait and the Middle East (BKME) announced on 10 November that Arab Banking Corporation (ABC), Commerzbank, Dresdner Kleinwort Wasserstein and Gulf International Bank (GIB) had been appointed as mandated lead arrangers for a $150mn three-year term loan facility. The loan, which will be used for general corporate purposes, carries a margin of 37.5 bps...
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