Banque Misr, NBE claim their slots in Bloomberg’s syndicated loans league table
Banque Misr was ranked as the top lead arranger for syndicated loans in Egypt in 9M2021, according to a Bloomberg league table, the bank said in a press release (pdf). Banque Misr concluded 27 syndicated loan transactions in 2021 with a total value of USD 4.12 bn, ranking as the fourth mandated lead arranger of syndicated loans in the MENA region.
The National Bank of Egypt (NBE) is also out with a statement on its 9M performance in the syndication market, saying in a press release (pdf) it was ranked third as facility agent, fourth as bookrunner and fifth as marketer of syndicated loans in MENA during the period. NBE closed 38 financing agreements for a total value of EGP 164 bn during the first nine months of 2021. Bloomberg has not made its most recent league table public.