Monday, April 16, 2007

HSBC Says It Advised on $30 Billion of Middle East Projects During 2006

(Bloomberg) -- HSBC Holdings Plc, Europe's biggest bank by market value, said it won advisory mandates for Middle East projects worth over $30 billion in 2006, as the region became the world's largest market for project finance.

Water, power and petrochemical projects in Saudi Arabia, Oman and the United Arab Emirates led regional demand for long- term funding, the London-based lender said in an e-mailed statement today.


Read more at Bloomberg Bonds News

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