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Bank Asya Hires Banks for $200 Million Syndicated Islamic Loan

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March 1 (Bloomberg) -- Asya Katilim Bankasi AS, a Turkish bank that operates according to Islamic lending rules, hired banks to secure a $200 million, one-year syndicated Islamic loan, or Murabaha facility.

Bank Asya, as the lender is known, hired ABC Islamic Bank, Emirates NBD Capital Limited, National Bank of Abu Dhabi PJSC, Noor Islamic Bank PJSC and Standard Chartered Plc, it said in a statement to the Istanbul Stock Exchange after the market closed yesterday. The loan may be denominated in different currencies, it said.

Link to Company News:{ASYAB TI <Equity> CN <GO>} Link to Company News:{STAN LN <Equity> CN <GO>} Link to Company News:{2742979Z UH <Equity> CN <GO>} Link to Company News:{NBAD UH <Equity> CN <GO>} Link to Company News:{EMIRATES UH <Equity> CN <GO>}

To contact the editor responsible for this story: Aydan Eksin at