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English news

18-Feb-2016

NBF Capital sees pockets of growth driving loan demand

An executive of NBF Capital P.B. Das said that the company has mandates to advise on 3-4 syndicated loan deals that will raise a combined AED3 billion this year. The mandates are from UAE companies in healthcare, education, information technology and infrastructure. He further said that whatever the economic cycle there is always growth in certain pockets. NBF Capital is an advisory unit of National Bank of Fujairah. (Bloomberg)

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