Dubai’s Top Bank Seeks Up to $1 Billion Loan From Asian Lenders
AI Summary
Emirates NBD Bank is marketing a syndicated loan of up to $1 billion to Asian lenders. The financing effort reflects growing confidence among Gulf borrowers in seeking funding from Asia, despite the ongoing Iran war.
Emirates NBD Bank PJSC is marketing a syndicated loan of up to $1 billion to Asian banks, according to people familiar with the matter, in the latest sign that Gulf borrowers are gaining more confidence in seeking financing from the region even as the Iran war continues.