Gulf International Bank Group as Acquired US $ 3.65 Billion Aircraft Finance Debt Portfolio
Gulf International Bank Group as completed the acquisition of US $ 3.65 Billion aircraft finance debt portfolio from leading German and Swiss banks.
(PRWEB) December 17, 2004 -- Gulf International Bank Group as successfully
completed the acquisition of US $ 3.65 Billion aircraft finance debt portfolio
consisting of both cargo and commercial aircraft financed to Virgin Atlantic,
British Airways, Air France, Lufthansa from leading German and Swiss banks.
The GIB Group is a leading finance company based in Bahrain and Dubai,
U.A.E. with assets of more than US $70 Billion. Aircraft assets will be managed
by Gulf Aviation International Ltd. a Philadelphia, U.S.A. based wholly owned
subsidiary of Gulf International Bank Group.
Gulf International Bank
Group "GIB Group" is a privately held finance company based in Bahrain and
Dubai, U.A.E. The GIB Group was founded in 1965 by local investors looking to
invest in diverse sectors like Air transport, cargo and heavy industrial
equipment transport, Equipment financing, Real Estate and Project financing,
Shipping and Marine finance, Telecommunication, Infrastructure development, and
Health care finance and development.
The Investment Banking business
combines corporate advisory activities with the Equity Capital Markets (ECM)
unit, which deals with equity operations and the structuring of equity
derivatives.
Asset-based financing, Islamic financing, Japanese Operating
Leverage leases, German Leases, Currency based financing and other traditional
financing and leasing options and solutions are provided to our valuable
customers.
# # #
Source : http://www.prweb.com/releases/2004/12/prweb189835.htm
Warning: include(footer.php) [function.include]: failed to open stream: No such file or directory in /home/business/public_html/ShippingPR/Gulf-International-Bank-Group.htm on line 34
Warning: include() [function.include]: Failed opening 'footer.php' for inclusion (include_path='.:/usr/lib/php:/usr/local/lib/php:/home/bollydb/ZendGdata-1.0.3/library') in /home/business/public_html/ShippingPR/Gulf-International-Bank-Group.htm on line 34