Bank ABC signed a loan agreement with QNB Financeleasing

A loan agreement was signed between QNB Financeleasing and BANK ABC (Arab Banking Corporation B.S.C).

QNB Financeleasing and BANK ABC (Arab Banking Corporation B.S.C) signed a loan agreement.

According to the statement made by the company, QNB Financeleasing signed a 3-year loan agreement with BANK ABC, one of the largest financial institutions in North Africa and the Middle East, for the financing of international trade. It is aimed to support the corporate customers of QNB Financeleasing with the loan agreement of €50 million to be used in 2 tranches.

Metin Karabiber, Chairman of the Board of Directors of QNB Financeleasing, whose views were included in the statement, stated that he was happy for the first loan agreement successfully signed with BANK ABC, “We aim to use the long-term loan we obtained from Bank ABC Group for investments that will support different sectors for financing investments that benefit the Turkish economy. I believe the agreement will be beneficial for our country.”

Source: AA / Translated by Irem Yildiz

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