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BMI pays out $93.7m Islamic term loan

Tue, 2011-08-09 14:36 — newsdesk

BMI Bank has paid out a three-year Islamic term loan worth $93.7m on its programmed due date.
Jamal Al-Hazeem, the Chief Executive Officer of BMI, stated that the repayment of the facility on time, without having to refinance or rollover, is demonstrated through continuing priority on maintaining a healthy liquidity position in order to fulfill our commitments to customers.

Source: 

http://www.ameinfo.com/272419.html