Standard Bank to raise loan, but MENA pipeline sparse
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Standard Bank to raise loan, but MENA pipeline sparse

AdobeStock_emergingmarketS_575x375_19Aug2020

South Africa’s Standard Bank is set to raise a syndicated loan by the end of the month, which, according to market sources, will be provided by Chinese banks. But bankers say the pipeline for syndicated loans in Africa and the Middle East remains nearly empty, as both lenders and borrowers continue to feel the impact of the Covid-19 pandemic.

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