GIB Signs Loan Facility With CFC

Author: 
Agence France Presse
Publication Date: 
Tue, 2004-02-24 03:00

MANAMA, 24 February 2004 — Bahrain-based Gulf International Bank, a leading regional merchant bank, said yesterday it had signed a $100-million syndicated loan for Kuwait’s Commercial Facilities Company (CFC). The four-year loan will be used for general corporate purposes, GIB said in a statement. The loan facility was signed in Bahrain by GIB Chief Executive Khaled Al-Fayez and CFC Chairman Abdullah Al-Humaidhi.

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