Standard Chartered structures $125m loan for Lamnalco

Notes and media contacts

About the Lamnalco Group:
Founded in 1963, the Lamnalco Group specialises in providing customised marine support solutions to the global oil and gas terminal industries. Since its inception Lamnalco developed a leading position in the marine terminal markets of West Africa, the Middle East and Eastern Europe either solely or through strategic partnerships designed to deliver the best international expertise combined with local knowledge. The company's spirit of determination is focused on attaining global recognition as the leading name in marine terminal services to the international energy market.

With a diverse fleet of over 100 owned and operated vessels and a staff of over 1200 dedicated professionals both ashore and afloat, Lamnalco has a proud tradition of safe, reliable, efficient and cost effective service to its many valued international customers.

About Standard Chartered Bank:
Standard Chartered PLC, listed on both London and Hong Kong stock exchanges, ranks among the top 25 companies in the FTSE-100 by market capitalisation. The London-headquartered Group has operated for over 150 years in some of the world's most dynamic markets, leading the way in Asia, Africa and the Middle East. Its income and profits have more than doubled over the last five years primarily as a result of organic growth and supplemented by acquisitions.

Standard Chartered aspires to be the best international bank for its customers across its markets. The Bank derives more than 90% of its operating income and profits from Asia, Africa and the Middle East, generated from its Wholesale and Consumer Banking businesses. The Group has around 1,750 branches and outlets located in over 70 countries. The extraordinary growth of its markets and businesses creates exciting and challenging international career opportunities.

Leading by example to be the right partner for its stakeholders, the Group is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. It employs 75,000 people, nearly half of who are women. The Group's employees are of 115 nationalities, of which 60 are represented among senior management.

About ING Wholesale Banking:
ING Wholesale Banking is one of the six business lines of ING Group and is responsible for providing financial products and services to corporate and institutional clients across Europe, the Americas and Asia. We are a truly international team of more than 18,000 banking professionals with local knowledge and a presence in 40 countries. We provide tailored banking solutions in areas including corporate finance, leasing, structured finance, commercial finance, equity markets and debt capital markets in addition to basic banking services the basic banking services of lending, payments & cash management and treasury.

ING Group, is a top 20 global financial institution of Dutch origin, offering banking, insurance and asset management to over 85 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of about 130,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.

For further information, kindly contact:
Sam Gad
Media Relations
Corporate Affairs
Al Fardaan Building
PO Box 999, Bur Dubai Al Mankool, UAE
Tel:+9714 508 5916
Fax +9714 369 6929