United Arab Bank marketing $125 mln, 3-year loan

The transaction, which is expected to close during September, is being arranged by Arab Banking Corp. (File photo: Reuters)

United Arab Bank (UAB) has begun marketing a $125 million, three-year loan that will be used for its general business, the lender said in a statement on Wednesday.

The transaction, which is expected to close during September, is being arranged by Arab Banking Corp, according to UAB, which is based in Sharjah, one of the seven United Arab Emirates.

SHOW MORE
Last Update: Wednesday, 20 May 2020 KSA 14:12 - GMT 11:12
Top