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Islamic Finance Briefing - Categorized | Banking, Financial Instruments (Credit Cards, Debts, Loans, Mort more

Saudi banks lead loans on expansion

Posted on 11 June 2012

Saudi Arabia’s banks have arranged the most loan syndications on record this year as they support the government’s $514 billion (Dh1.8 trillion) spending plans and offset a decline in funding from Europe.
Banks in the largest Arab economy were lead arrangers for $4.19 billion of syndicated loans so far in 2012, 43 per cent of the Middle East and North Africa total, data compiled by Bloomberg show………………………………………..Full Article: Source

 
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