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Islamic Finance Briefing - Categorized | Banking, Finance more

Turkey’s Tupras signs $200mln loan with Gulf banks

Posted on 22 October 2012

Tupras, Turkey’s sole oil refiner, signed a $200 million one-year loan with a group of nine Gulf-based banks, a statement from the facility’s arranger said on Sunday. The loan was arranged by Qatar-based investment bank QInvest, the statement said. No details on the facility’s purpose or its pricing were given.
Banks which joined the loan were Barwa Bank, Commercial Bank of Qatar, First Gulf Bank, Qatar Islamic Bank, Ahli United Bank, Al Hilal Bank, Doha Bank and Dubai Islamic Bank………………………………………..Full Article: Source

 
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