Citibank's Middle East Corporate Finance professionals are based in Dubai (U.A.E.) and cover Pakistan, Egypt and the entire Gulf and Levant region, which includes UAE, Bahrain, Kuwait, Qatar, Oman, Saudi Arabia, Jordan and Lebanon. The team offers its customers loan structuring and syndications as well as other structured products such as Project & Structured Trade Finance, Securitization and Advisory services, utilizing the expertise of specialized Citigroup units across the world. The team also structures Islamic financing solutions for clients with Citi Islamic Investment Bank.
Citibank's leadership in loan syndications stems from ability to forge strong relationships not only with borrowers but also with bank investors. Because we understand our syndicate partners' asset criteria, we help borrowers meet substantial financing needs by enabling them to reach the banks most interested in lending to their particular industry, geographic location and structure through syndicated debt offerings. Our syndication capabilities are complemented by our own capital strength and by industry teams who bring specialized knowledge to the structure of a transaction.
The growth of regional economies and the need for infrastructure upgrades have created substantial financing needs for power plants, telecommunications networks, oil and gas development, mines, water treatment facilities, toll roads, and airports. Citi helps project sponsors obtain funding (often non-recourse) on the basis of future project revenues. We offer clients advice, loans, bonds, export credit, and multilateral agency financing, as well as local currency financing, foreign exchange, and cash management. We are leaders in the developed world as well as the emerging markets.
Securitization offers borrowers a strategic funding alternative by enabling them to turn assets with predictable cash flows into a capital source, thereby restructuring their risk profile, obtaining a cash infusion, and perhaps reducing their capital requirements by removing the assets from the balance sheet. Because asset-backed securities represent rights to future cash flow from the underlying collateral, they offer investors the benefits of high credit quality as well as yield enhancement. Citi has led the market in securitizing assets including mortgages, home equity loans, credit card receivables, trade receivables and auto loans through structures such as bonds, notes, commercial paper, Euronotes, Eurobonds, certificates of deposit, pass-through and pay-through securities and property income certificates.