DUBAI: The Pakistan government has raised a total of $500 million through an Islamic syndicated loan offered by a consortium of 12 banks, the Pakistan government has said.
The loan, which has been coordinated by Emirates NBD Capital, was 40% oversubscribed, international media reports have said.
The lenders includes Emirates NBD, Commercial Bank of Dubai, Allied Bank, Noor Bank, First Abu Dhabi Bank, Dubai Islamic Bank, Sharjah Islamic Bank, Mashreq Bank, Bank of Jordan, Samba Financial Group, Union De Banques Arabes Et Francaises, and Habib Bank Limited. (Agencies)
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