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Bank Audi, Lead Arranger of the deal, has managed to attract 13 international and regional financial institutions from Denmark, Egypt, France, Jordan, Syria and Lebanon, namely: the Commercial International Bank - Egypt, Danske Bank - Denmark, Byblos Bank - Lebanon, Banque BEMO - Lebanon, the Housing Bank for Trading & Finance - Jordan, ABC International Bank - Egypt, BNP Paribas - Egypt, the International Bank for Trade & Finance - Syria, IBL Bank - Lebanon, Ahli United Bank - Egypt, Syria Gulf Bank - Syria, Byblos Bank Syria and Banque Bemo Saudi Fransi - Syria, as well as two banks from within Audi Saradar Group: Bank Audi Syria and Bank Audi Saradar France.
Commenting on the subject, Ramzi Saliba, General Manager at Bank Audi, said:
"This transaction constitutes one of the largest private financing deals for industrial projects in the Levant region."
Saliba seized the opportunity to add that "the deal is a clear indicator of Bank Audi's regional role which is all the more reflected by the diversity of the participating banks."
As for Bassel Hamwi, Deputy Chairman and General Manager of Bank Audi Syria, he proudly underlined that "the transaction represents the largest financing of a private investment in Syria" and that "it clearly demonstrates the ability of the Syrian private sector to play a leading role in the growth of the country's economy."
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Posted by Siba Sami Ammari
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