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Dozens of banks exposed to Saad Group

Posted on 25 June 2009

From Tradearabia.com: Dozens of banks have arranged $6.3 billion worth of syndicated loans to Saudi-Arabia’s Saad Group and the Algosaibi family, Reuters LPC data shows, but it is not clear how much remains on their books.

Lenders include Citigroup, BNP Paribas, HSBC, Standard Chartered and JP Morgan, along with a host of other international and domestic banks…….Full Article: Source

 
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