Bloomberg News

Credit Agricole Has Two Mandates for Saudi Sukuk, Eedle Says

January 23, 2012

Jan. 23 (Bloomberg) -- Credit Agricole SA has two mandates to manage Islamic bond sales in Saudi Arabia, said Simon Eedle, the bank’s global head of Islamic banking.

“They’ll come to market in the first half of 2012,” he said in Muscat today, adding that one of the issues will be denominated in U.S. dollars.

To contact the reporter on this story: Dana El Baltaji in Dubai at

To contact the editor responsible for this story: Inal Ersan at

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