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Dubai Industrial City inks deal with Bank of Baroda
- United Arab Emirates: Wednesday, June 24 - 2009 at 10:41
Dubai Industrial City has signed a memorandum of understanding with Bank of Baroda to finance investors across the light and medium industrial hub. Ashok K. Gupta, Chief Executive, GCC Operations of Bank of Baroda has pledged the lender's support to DI's clients in setting up their projects from the conceptual stage through execution. For large projects, the bank will take full responsibility by underwriting and arranging the syndicated loans and leveraging their relationship with other banks to support projects, he said.
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