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Investment Banking

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OUR SCOPE

As a leading player in the Islamic finance market, Persian Gulf Commercial Bank brings unmatched experience to a host of patrons ranging from corporate, institutional and sovereign / quasi-sovereign clients, assisting with every aspect of their finance requirements. Dedicated professionals provide innovative Sharia compliant capital raising and financing solutions in line with evolving customer requirements and market conditions.

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OUR PRODUCTS

Our diversified product suite includes a wide range with particular focus on Sukuk Structuring & Execution, Syndicated Facilities, Project Finance & Club Facilities that are structured and documented in accordance with principles of Sharia. PGCB has been a significant player in the Debt Capital and Bank Syndication market closely working with local and international banks as Joint MLA and originator.

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FEATURES

The main credit related products on offer include:

  1. 'Letter of Guarantee' required in accordance with contract terms
  2. 'Letters of Credit' with deferred payment facility through Murabaha payment structures
  3. Mudarabaha structure to finance a projects’ funding requirements and general working capital needs
  4. Ijarah (Lease purchase) for financing capital goods
  5. Foreign Exchange

 

DUE DILIGENCE REQUIREMENTS FOR LOANS:

In order to obtain a loan from your sponsor through PGCB , the due diligence directives are to be followed as thus:

1. All application documents to be notarized at the Notary Public, Dubai ;
2. Free Zone certificate to be procured from the ministry of economy;
3. Non indigenious clearance certificate to be obtained from the ministry of internal affairs;
4. After these are procured, you will receive an approval letter which is followed by loan agreement/MOU.
5. We will send your transfer processing details/instructions.
6. Applicant receives funds in his account within 3 to 5 days.

 

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