National Bank of Fujairah Gets $235 Million Loan Facility

National Bank of Fujairah PSC (NBF) raised a $235 million club loan from seven banks.

The two-year facility will be used to finance the bank’s “general business activities,” it said in a statement on its website. Emirates NBD, National Bank of Abu Dhabi, Wells Fargo & Co. (WFC), Commerzbank AG, HSBC Holdings Plc, Standard Chartered Bank and Lloyds TSB Bank Plc arranged the loan.

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