$155 million #Murabahah for Ziraat Participation Bank

Mon, 2016-05-09 10:28 — newsdesk

On 27 April 2016 Ziraat Participation Bank closed its first Syndicated Murabaha Financing Facility. The debut transaction received a strong response from the market. Due to the significant oversubscription, Ziraat Participation Bank increased the facility size to US$155 mn. CEO Osman Arslan said the proceeds from the facility will be used to support the funding requirements of SMEs and the financing of trade related businesses.

Source:

http://www.cpifinancial.net/news/post/35862/155-million-murabahah-for-zi...

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