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Book attrition rates rise and coverage ratios decline
New agreement not a done deal, but this is the furthest Ethiopia has got to in restructuring its bonds
The trade, like previous yen issuance, carries a guarantee
ECA-backed deal comes after AFC raises $2bn to fund infrastructure development
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Bahrain, 8th May 2012 – United Gulf Bank B.S.C. (c) ("UGB"), the asset management and investment banking platform of the KIPCO Group, has announced a net profit of US$ 9.1 million for the first quarter of 2012 - a 89% increase over the first three months of 2011.
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