For the second successive year, BNP Paribas was acting as Lead Sponsor on IBC's conference: the 3rd Annual Syndicated Lending in the GCC taking place in Dubai on 3rd & 4th December 2007 and was also chairing the event.
In line with it's strong commitment to the region, BNP Paribas has arranged a number of important syndicated loan financings in all G.C.C. countries during 2007 which include transactions for ADNOC, Allana International, Boubyan Petrochemical Company, Damas, International Finance Company, Qatar Telecom, Saad Investments, Saad Trading and Tabreed.
"We are pleased to have met the main goal of this conference which is providing the corporate clients in the region with a valuable insight into current market developments and in the significant contributions from both regional and international banks active within the Gulf region," said Mark Waters Head of Debt Capital Markets, Middle East who has recently re-located to Bahrain to head up the Debt Capital Markets activities of BNP Paribas within the region
The event was attended by companies based in the region across the broader corporate segment. Such corporates attended as both delegates and speakers where the latter group provided important information on their own experiences in terms of tapping the syndicated loan market for financing.
-Ends-
EDITOR'S NOTE
BNP Paribas has been operating in the Gulf for over 35 years with a presence in five Gulf countries (Bahrain, United Arab Emirates, Qatar, Kuwait and Saudi Arabia). The teams also cover Oman and Yemen. BNP Paribas in the region accounts for approximately 550 employees. The Regional Management is based in Bahrain which is the regional hub for BNP Paribas in the Gulf.
About BNP Paribas
BNP Paribas (www.bnpparibas.com) is a European leader in global banking and financial services and is one of the 5 strongest banks in the world according to Standard & Poor's. The group is present in over 85 countries, with 161,000 employees, including 125,000 in Europe. The group holds key positions in three major segments: Corporate and Investment Banking, Asset Management & Services and Retail Banking. Present throughout Europe in all of its business lines, the bank's two domestic markets in retail banking are France and Italy. BNP Paribas also has a significant presence in the United States and strong positions in Asia and the emerging markets.
Representatives of BNP Paribas who will attend the interview
Jean-Christophe Durand, Regional Director, G.C.C
Julian Van Kan Head of Loan Syndications and Trading, EMEA
Mark Waters, Head of Debt Capital Markets, Middle East
For further information, please contact:
BIZ COM - 'For PRoactive Communications'
P.O. Box 48889, Dubai - UAE
Tel: +971 4 332-0888
Fax: +971 4 332-0999
Email: info@bizcom.ae
© Press Release 2007
