Monday 23 December 2024
 
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Dubai lender

Dubai lenders in talks to raise $1.7bn in loans

Emirates 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

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NBAD's Sarkar rejoins top Dubai lender

Suvo 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

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