Saturday 23 November 2024
 
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finance facility

Albaraka Turkish unit secures $150m funding

Albaraka Banking Group said its Turkish subsidiary has mandated several major banks to arrange a $150 million dual-currency syndicated finance facility to expand its activities in the country. Albaraka Türk said the banks involved in the a

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ADIB readies $100m funding for NPCC

Abu Dhabi Islamic Bank (ADIB) said it will provide Dh367 million ($100 million) finance facility to National Petroleum Construction Company (NPCC) to fund the construction of its new SEP 450 self elevating accommodation and crane barge. NP

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