Standard & Poor’s Global Ratings (S&P) has upgraded Bank ABC’s rating to “Stable” from “Negative”, while affirming its long and short-term issuer credit
Aluminium Bahrain (Alba), the world’s largest smelter ex-China, has successfully achieved sustainability-linked refinancing for its $1.247 billion syndicated loan facility in connection to the Line 6 Expansion Project.
Alba refinances $1 247bn loan with sustainability targets tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.
Alba refinances $1 247bn loan with sustainability targets tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.
Bahrain's Arab Banking Corp (ABCB.BH) has completed the acquisition of a 99.5% stake in the Egyptian unit of Lebanon's BLOM Bank (BLOM.BY), which will allow ABC to triple its market share and balance sheet in Egypt.