Dubai lenders in talks to raise $1.7bn in loansEmirates NBD (ENBD), Dubai's largest bank, and Commercial Bank of Dubai (CBD) are both talking to banks to raise a combined total of up to $1.7 billion in loans to refinance existing debt, sources close to the matter said. The More… |
NBAD's Sarkar rejoins top Dubai lenderSuvo Sarkar, a veteran regional banker, will return to Emirates NBD as head of retail group after leaving Dubai's largest bank two years ago to join National Bank of Abu Dhabi, sources said yesterday. Sarkar is a senior banker in the regio More… |