Deutsche Bank Targets Commodity Finance for Mideast Growth

SourceBloomberg
SectorFinancial Services
CountryGCC

Deutsche Bank AG plans to boost lending to commodity traders in the Middle East, even as other banks back away after a spate of defaults in the industry, to help double the size of its regional business.The German lender, which on Monday appointed Loic Voide and Kees Hoving as co-chief executive officers for the Middle East and Africa, is also targeting bond markets for growth in the region. ...read more...