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Market Chatter: JPMorgan to Join Gulf Banks on $7 Billion Loan for Projects in Syria
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Market Chatter: JPMorgan to Join Gulf Banks on $7 Billion Loan for Projects in Syria
Jul 2, 2026 5:05 AM

07:37 AM EDT, 07/02/2026 (MT Newswires) -- JPMorgan Chase ( JPM ) will join Gulf banks in helping arrange roughly $7 billion of debt financing for a Qatari company's projects in Syria, Bloomberg News reported Thursday, citing people familiar with the matter.

The US banking giant is working with Qatar National Bank and Abu Dhabi Commercial Bank on the loan for the projects, the people reportedly said.

JPMorgan ( JPM ) didn't immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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