Trading, Broking & Stock Exchanges
Uncategorized
Dubai lenders Mashreq, CBD join FAB in declaring Abraaj exposure
Commercial Bank of Dubai and Mashreq Bank are the latest lenders to disclose their exposure to embattled private equity firm Abraaj Group that is reeling under allegations of misusing investors funds. Dubai-headquartered CBD has $166.25m (Dh611.8m) worth of exposure to the buyout firm through “secure credit facilities," it said on…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: The National