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Islamic Finance Briefing - Categorized | Banking, Finance more

BBK, BMI Bank in $48mln financing deal

Posted on 07 June 2012

BBK along with BMI Bank, through its Islamic banking division, has signed an agreement to provide a syndicated Murabaha BD18 million ($47.8 million) financing facility for Bahrain-based Arabian Sugar Company.
As part of the agreement, BBK will be acting as the facility agent bank whilst BMI Bank will be the security agent, documentation bank and investment agent for the facility………………………………………..Full Article: Source

 
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