Abu Dhabi [UAE], December 14 (ANI/WAM): The United Arab Bank (UAB) announced the successful conclusion of its AED 735 million, 2-year Dual Tranche Club Term Loan facility. The new facility further strengthens UAB’s balance sheet by enhancing its ability to support its clients as well as its own strategic growth goals. The successful closing also reflects the market confidence in UAB’s growth strategy and financial strength. The dual-tranche borrowing comprises a Conventional tranche and a Commodity Murabaha financing facility has been concluded at competitive pricing. The facility also include…
