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Islamic Finance Awards |
Standard Chartered
Project finance is one of the most competitive areas of Islamic finance, with both international and local banks showcasing their talents. One of the candidates for the award was Saudi Arabia’s Al Rajhi Bank, which had a strong year participating in five project finance transactions in the Kingdom. But the bank that stands out more than any other is Standard Chartered. Among its deals was the first ever limited-recourse project financing in Djibouti, for $263 million.
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