Saturday 23 November 2024
 
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company loans

CBD to buy $817m of UAE company loans from RBS

Commercial Bank of Dubai (CBD) has agreed to acquire around Dh3 billion ($816.8 million) of corporate loans from Royal Bank of Scotland, the Dubai-based lender said on Wednesday. The portfolio of loans was mostly to large United A

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ME company loans hit $54bn

Middle Eastern firms agreed syndicated loans worth $54 billion in the first half of this year, up from $44 billion the same period last year, despite the global credit crunch, according to Reuters Loan Pricing Corporation. There was a raf

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