UAE’s largest bank considers sharing exposure to Nigeria’s $5 billion swap

AI Summary

First Abu Dhabi Bank, the UAE’s largest lender, is considering syndicating part of its exposure to Nigeria’s $5 billion total-return swap with other banks. The arrangement would share the bank’s risk associated with the transaction.

First Abu Dhabi Bank PJSC (FAB), the United Arab Emirates’ largest lender, is considering sharing part of its exposure to Nigeria’s $5 billion total-return swap with other banks through a syndication arrangement. The post UAE’s largest bank considers sharing exposure to Nigeria’s $5 billion swap appeared first on Nairametrics.