Sharjah Bank, Director of Loan Power for Daewoo Engineering


Sharjah Bank announced its assumption of the role of the commissioner and the director of subscription for a joint loan of $ 155 million, in the interest of “Daewoo Engineering and Construction Company”.

The CEO of Sharjah Bank, Mohamed Khadiri, emphasized that the arrangement of this joint loan reflects the bank’s strategic vision in supporting global contracting companies through allocated financing solutions that exceed its local markets, and also enhances the bank’s position in international markets by providing innovative financial solutions.

For his part, the head of the international department and financial institutions at Sharjah Bank, Haitham Mustafa, said that the deal is a new addition to the bank’s achievements in providing financial and consulting services to multinational companies.

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