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First-of-its-kind opinion lays out World Bank, ADB and shareholders’ obligations under international law
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Three of Turkey’s smaller financial institutions — Yapi Kredi Finansal Kiralama, the leasing arm of Yapi Kredi, Alternatif Bank (Abank) and Şekerbank — have come to the loan market with higher pricing than their bigger bank counterparts.
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Loan bankers are impressed how busy this August is shaping up to be for deals in EMEA emerging markets. -
Another one of Turkey’s smaller banks, Şekerbank, has signed a €77.5m loan with margins in line with its peers.
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Dubai’s state-owned energy group Emirates National Oil Co (Enoc) has secured a $500m revolving credit facility from a club of seven banks to fund its growth plans for Dubai's coming Expo 2020.
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Gajah Tunggal, an Indonesian tyre maker, has tapped the syndicated loan market for a dual-currency $250m facility.
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A veteran loan syndications banker at Citi in India is understood to have quit to take up a bigger role in Standard Chartered.
