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Dubai’s Top Bank Seeks Up to $1 Billion Loan From Asian Lenders

Source: Bloomberg

Credit & Bond MarketsBanking & LiquidityGeopolitics & WarEmerging Markets

Emirates NBD Bank PJSC is marketing a syndicated loan of up to $1 billion to Asian banks, according to people familiar with the matter. The effort is described as a sign of growing confidence among Gulf borrowers in seeking regional financing, despite the ongoing Iran war; the article does not say the loan has been completed.

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