Kuwait’s Warba Bank to make loan debut
Kuwait’s Warba Bank is in talks with lenders about making its debut into the loan market with a $200m Islamic facility, the second Islamic bank to launch its first deal this year.
The facility would have a tenor of three years.
“It’s the first time they’ve come out and said something [to the banks],” said a banker on the deal.
Elsewhere in the region, Bahrain Islamic Bank (BisB) made its debut at the end of last month
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