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National Bank of Fujairah gets $210m loan
- United Arab Emirates: Wednesday, July 02 - 2008 at 07:45
National Bank of Fujairah has borrowed Dhs772m ($210m) from a group of 12 banks to refinance debt and enable it to lend more, reported Bloomberg. National Bank was initially seeking a three-year loan of $150m, but increased it after banks led by Commerzbank agreed to lend more, the bank said in a statement.
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Jeff Florian, Senior ReporterWednesday, July 02 - 2008 at 07:45 UAE local time (GMT+4)
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