AZEE Securities
AZEE Securities
June 18, 2025 at 05:06 PM
*Nukta Reports* Ministry of Finance has signed a syndicated term finance facility of $1 billion partially guaranteed by ADB under Improved Resource Mobilization & Utilisation Reform. Dubai Islamic Bank acted as the Sole Islamic Global Coordinator while Standard Chartered Bank acted as the Mandated Lead Arranger and Bookrunners. Other financiers include Abu Dhabi Islamic Bank as the Mandated Lead Arranger and Sharjah Islamic Bank, Ajman Bank and HBL as Arranger. The ADB Program is designed to support Pakistan to build long-term fiscal resilience and stability and has supported Pakistan’s re-entry into international commercial markets, with significant interest from Middle Eastern Banks.

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