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Politics
SMBC Asks Banks to Confirm Saudi Energy Loan Backing Amid War
📅18 March 2026 at 00:35
📰Bloomberg
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Sumitomo Mitsui Banking Corp. has reached out to Asian banks backing an around $1.5 billion Saudi loan deal to reconfirm their commitments, an unusual step highlighting the risks the conflict in Iran poses for lending in the region.
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Source: This article was originally published by Bloomberg. All rights reserved to the original publisher.
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