| 16.09.2010 - ABG's Turkish subsidiary secures $240mln Islamic financing |
| From Arabnews.com: Albaraka Türk Kat?l?m Bankas? (Al-Baraka Turk), a subsidiary-banking unit of Bahrain-based Al-Baraka Banking Group BSC (ABG), signed a $240 million syndicated Islamic financing in Istanbul. Through the Shariah-compliant dual-currency syndication, Al-Baraka Turk raised $98 million and euro 108.5 million. The funding sought was oversubscribed by about two and a half time..............................................Full Article: Source |