Fri, November 29, 2024
Thu, November 28, 2024
Wed, November 27, 2024
[ Wed, Nov 27th 2024 ] - Bill Williamson
Where to invest for 2025
Tue, November 26, 2024
Mon, November 25, 2024
[ Mon, Nov 25th 2024 ] - Bill Williamson
Business & Finance
Sun, November 24, 2024
Fri, November 22, 2024
Tue, May 9, 2017
Tue, April 18, 2017
Tue, March 21, 2017
Fri, February 17, 2017
Mon, January 30, 2017
Thu, October 6, 2016
Wed, October 5, 2016
Tue, October 4, 2016
Wed, September 28, 2016
Mon, September 26, 2016
Fri, September 23, 2016
Thu, September 22, 2016
Wed, September 21, 2016
Tue, September 20, 2016
Mon, September 19, 2016
Fri, September 16, 2016
Thu, September 15, 2016
Wed, September 14, 2016
Tue, September 13, 2016
Mon, September 12, 2016
Fri, September 9, 2016
Thu, May 9, 2013
Wed, May 8, 2013
[ Wed, May 08th 2013 ] - Market Wire
Stock Options Update
[ Wed, May 08th 2013 ] - Market Wire
Update on the Fayolle Project

Leading GCC banks Emirates NBD and Mashreq back Syndicated Loans platform -LoanBook


//business-finance.news-articles.net/content/202 .. req-back-syndicated-loans-platform-loanbook.html
Published in Business and Finance on Wednesday, November 27th 2024 at 2:40 GMT by Bill Williamson   Print publication without navigation

  • With this investment, LoanBook gains significant resources, scale, and industry support to deliver transformative solutions to the loan capital markets

The article from Zawya discusses the launch of LoanBook, a new digital platform aimed at streamlining the syndicated loan market in the GCC region. LoanBook has received backing from two major banks, Emirates NBD and Mashreq, which underscores the platform's credibility and potential impact. The platform seeks to enhance efficiency, transparency, and accessibility in the syndicated loan process by digitizing what has traditionally been a paper-heavy and time-consuming procedure. It offers features like real-time updates, secure document sharing, and a centralized communication hub for all parties involved in loan syndication. This initiative is part of a broader trend towards digital transformation in the financial sector, aiming to reduce costs, speed up transactions, and improve overall market liquidity.

Read the Full Zawya Article at [ https://www.zawya.com/en/press-release/companies-news/leading-gcc-banks-emirates-nbd-and-mashreq-back-syndicated-loans-platform-loanbook-qbywp4b2 ]

Publication Contributing Sources