Saudi National Bank’s US$1 billion loan adds to Middle East spree

Businesstimes
2025.12.02 09:45
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Saudi National Bank is seeking a US$1 billion syndicated loan, part of a borrowing spree by Middle Eastern lenders to finance a US$2 trillion economic overhaul. DBS Bank and Mitsubishi UFJ Financial Group are lead arrangers. The loan targets global lenders, with interest margin of 90 basis points over the benchmark rate. Middle Eastern borrowers raised US$13.5 billion via syndicated loans in Asia Pacific in 2025, a record high.

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