Mubasher: Bahrain Commercial Facilities Company (BCFC) said Sun day that it has closed a 5-year term loan facility worth $80 million.

Signed on 22 September, the facility was arranged by Ahli United Bank (AUB), Arab Banking Corporation (ABC) and BNP Paribas, according to a bourse filing.

The facility is aiming to fund continued growth in the BCFC lending portfolio and for their other general business needs.