In total, 85 banks across Asia, Middle East, Africa and Europe have participated in the syndicated commodity Murabaha financing deals led by NIB
's current owner, National Australia Bank, described the sale as a win-win situation for both sides.
Clockwise from top right, an old fashioned pen in use at The Pen Room, Brian Jones in one of the museum's display rooms, two minute pen nibs
, a pile of brass nibs
Why did NIB
decide to add an extra Sh600 million to CWE's bid?
Over the past 15-month, NIB
has significantly increased its bench strength as well as tightened controls and re-engineered processes.
Bank will sell 6.3 billion new shares at PKR1.3 apiece in the issue, which will be underwritten by its majority shareholder, Singapore's state investment company Temasek Holdings Pte Limited.
Both the High Court and the Revenue Commissioners want to make sure they warned customers about possible tax implications before they switched their NIB
deposits to CMI products.
The consortium of banks will be investing a total of Rs 4.06 billion in the project with NIB
providing Rs 1.5 billion.
El Said noted that Egyptian National Railways' debt to NIB
of about EGP 15.7bn was settled by swapping assets in the authority, in accordance with the directives of the prime minister.
The Israeli company had in various documents accused NIB
of failing to honour payments and stopped work until they got their money.
Tele2 AB (Tele2) (STO:TEL2A), a European telecommunications operator, announced on Monday a SEK2.0bn loan agreement with the Nordic Investment Bank (NIB
) for the financing of Tele2's merger with Com Hem Holding AB.