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Noor Islamic to arrange $1bln Turkish debt

Posted on 20 April 2012

Dubai-based Noor Islamic Bank has arranged more than $2 billion of debt transactions in Turkey since the beginning of 2011 and targets a further $1 billion before year-end, its chief executive officer told Reuters in an interview on Wednesday.
“There’s huge demand for financing in Turkey, mainly in the small and medium enterprises (SME) business. We’ve done $2 billion… and expect another $1 billion this year,” said Hussain Al Qemzi……………………………………….Full Article: Source

 
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