Customer Services

Customer service for Corporate

Corporate & Institutional

Corporate Services

Our Clients

Corporate

Sahara Bank has created the corporate business line with dedicated products and services toward large and medium foreign and local companies (private as well as state-owned). The strategic goal for this business line is to position Sahara Bank as the first choice for foreign companies and large local enterprises, especially for trade and investment flows to leverage the BNP Paribas global network.

Institutional:

Strategic objectives are mainly to consolidate and develop current clients and develop financing of institutional projects.

The strategic objectives for institutional clients are:

  • Enlarge and reinforce our Institutional client base
  • Develop significant market share in financing Institutional projects (Infrastructure, utilities, education...)
  • Consolidate and develop deposits of current clients
  • Improve actual service
  • Develop sales of products (evolving with market sophistication)
  • Offer new products (in collaboration with the Corporate Banking department)

Our Offer

Several specialised desks will be created to support RMs in client development on specific / complex products.

Possible list of specialised desks, objectives and expertise:

Trade Centers

The objectives of the trade centers are:

  • Develop commercial trade operations for new and existing clients
  • Provide sales support and expertise to RMs on trade related products
  • Provide trade learning and trade advisory to companies
  • Interact with BNP Paribas network

The specific and targeted product expertise:

  • LCs, LGs, SBLCs
  • International transfers
  • Connexis trade

Multinational Desk

The goals are to:

  • Pursue new potential clients entering or willing to enter the Libyan market
  • Provide an interface between customers, prospects, internal services, trade and RMs

These desks will bring:

  • Expertise of the Libyan market (e.g. business environment and dynamics, regulation)
  • Good knowledge of trade operations and Libyan domestic operations to promote account opening at Sahara Bank

Cash Management

Goals:

  • Develop cash management services
  • Provide sales support and expertise to RMs
  • Provide training to companies and assist them in implementing cash management solutions
  • Implement e-banking products

Products in the pipeline:

  • Mass payments (e.g. salaries) and direct debits (e.g. billing) solutions
  • "POS" management (cards)
  • Connexis Cash, Cash pooling (CATI), BNPP Net
  • Treasury services (funds, ALM)

Leasing

Goals:

  • Develop equipment leasing and car leasing operations
  • Provide sales support and expertise to RMs on leasing related products
  • Equipment leasing
  • Car leasing

Islamic Banking

BNP Paribas, a pioneer in Islamic banking

BNP Paribas, active and seen as a pioneer in this domain since 1985, by being one of the first to structure Murabaha deposits, and later in 2006 , by introducing an innovative Islamic Certificate Program, enabling BNP Paribas to provide a wide range of underlying assets and pay-offs, in a streamlined manner, to a larger Islamic investor base.

In this respect, BNP Paribas has earned strong credentials along the years.

Investment

2007: MTC: BNP Paribas was mandated by the Kuwait-based Mobile Telecommunications Company KSC (“MTC”) to act as a Bookrunner alongside 3 other banks, – for a USD 2.5 bn 1+1 year non-recourse Murabaha Islamic Bridge Facility for the acquisition of the 3rd GSM license in the Kingdom of Saudi Arabia (“KSA”) which was recently awarded to a consortium led by MTC.

2007: NSCSA: BNP Paribas acted as a Mandated Lead Arranger, Security Agent and Documentation Bank Bookrunner to close a USD 438 Mio Syndicated Islamic Ship Finance Facility to finance the acquisition of six Large Crude Carriers for the National Shipping Company of Saudi Arabia (NSCSA). This is the first structured shipping deal for BNP Paribas structured under Islamic Finance and the first Islamic structured deal for NSCSA. It is considered by NSCSA as a benchmark for future syndicated Islamic ship facilities.

2007: MOBILY:BNP Paribas acted as Joint Mandated Lead Arranger and Book runner, BNP Paribas has contributed to raise for Etihad Etisalat Company (“Mobily”) a USD 2.8 bn facility based on a Murabaha Islamic Financing Structure. This facility is considered as a headline transaction on the Syndicated Loan Market within the GCC for 2007.

2007: SAAD: BNP Paribas has completed the second largest bond issue in Saudi Arabia for Saad Trading Contracting and Financial Services Company (STCFSC). BNP Paribas acted as sole Bookrunner for this USD 650 million, 5-year Sukuk issue. This transaction is the first Sukuk issued in Saudi Arabia for a private business and illustrates the growing interest in the Sukuk market.

2005: Dolphin US$1 billion Istisna’a & Ijara Facility. BNP Paribas takes a leading role by acting as Mandated Lead Arranger and Documentation Bank in this strategic transaction. This represents the largest Islamic financing deal ever in the energy sector.

2004: Etisalat (Saudi Arabia) appointed BNP Paribas as a financial advisor to raise US$2.35 billion to finance the cost of the license. BNP Paribas successfully raised the funds in 3 weeks from being mandated. This makes this Islamic loan not only the largest Islamic loan ever in the MENA region, but the largest Islamic financing ever in the world at that time.

2002: Al Hidd Project: The Al Hidd transaction (Bahrain), lead arranged by BNP Paribas, proved a milestone for the region. It was the first time a transaction of this nature successfully integrated an Islamic tranche into a financing package also containing an export credit agency covered tranche.

Financing

2007: MTC: BNP Paribas was mandated by the Kuwait-based Mobile Telecommunications Company KSC (“MTC”) to act as a Bookrunner alongside 3 other banks, – for a USD 2.5 bn 1+1 year non-recourse Murabaha Islamic Bridge Facility for the acquisition of the 3rd GSM license in the Kingdom of Saudi Arabia (“KSA”) which was recently awarded to a consortium led by MTC.

2007: NSCSA: BNP Paribas acted as a Mandated Lead Arranger, Security Agent and Documentation Bank Bookrunner to close a USD 438 Mio Syndicated Islamic Ship Finance Facility to finance the acquisition of six Large Crude Carriers for the National Shipping Company of Saudi Arabia (NSCSA). This is the first structured shipping deal for BNP Paribas structured under Islamic Finance and the first Islamic structured deal for NSCSA. It is considered by NSCSA as a benchmark for future syndicated Islamic ship facilities.

2007: MOBILY:BNP Paribas acted as Joint Mandated Lead Arranger and Book runner, BNP Paribas has contributed to raise for Etihad Etisalat Company (“Mobily”) a USD 2.8 bn facility based on a Murabaha Islamic Financing Structure. This facility is considered as a headline transaction on the Syndicated Loan Market within the GCC for 2007.

2007: SAAD: BNP Paribas has completed the second largest bond issue in Saudi Arabia for Saad Trading Contracting and Financial Services Company (STCFSC). BNP Paribas acted as sole Bookrunner for this USD 650 million, 5-year Sukuk issue. This transaction is the first Sukuk issued in Saudi Arabia for a private business and illustrates the growing interest in the Sukuk market.

2005: Dolphin US$1 billion Istisna’a & Ijara Facility. BNP Paribas takes a leading role by acting as Mandated Lead Arranger and Documentation Bank in this strategic transaction. This represents the largest Islamic financing deal ever in the energy sector.

2004: Etisalat (Saudi Arabia) appointed BNP Paribas as a financial advisor to raise US$2.35 billion to finance the cost of the license. BNP Paribas successfully raised the funds in 3 weeks from being mandated. This makes this Islamic loan not only the largest Islamic loan ever in the MENA region, but the largest Islamic financing ever in the world at that time.

2002: Al Hidd Project: The Al Hidd transaction (Bahrain), lead arranged by BNP Paribas, proved a milestone for the region. It was the first time a transaction of this nature successfully integrated an Islamic tranche into a financing package also containing an export credit agency covered tranche.

Sharia compliance

2007: MTC: BNP Paribas was mandated by the Kuwait-based Mobile Telecommunications Company KSC (“MTC”) to act as a Bookrunner alongside 3 other banks, – for a USD 2.5 bn 1+1 year non-recourse Murabaha Islamic Bridge Facility for the acquisition of the 3rd GSM license in the Kingdom of Saudi Arabia (“KSA”) which was recently awarded to a consortium led by MTC.

2007: NSCSA: BNP Paribas acted as a Mandated Lead Arranger, Security Agent and Documentation Bank Bookrunner to close a USD 438 Mio Syndicated Islamic Ship Finance Facility to finance the acquisition of six Large Crude Carriers for the National Shipping Company of Saudi Arabia (NSCSA). This is the first structured shipping deal for BNP Paribas structured under Islamic Finance and the first Islamic structured deal for NSCSA. It is considered by NSCSA as a benchmark for future syndicated Islamic ship facilities.

2007: MOBILY:BNP Paribas acted as Joint Mandated Lead Arranger and Book runner, BNP Paribas has contributed to raise for Etihad Etisalat Company (“Mobily”) a USD 2.8 bn facility based on a Murabaha Islamic Financing Structure. This facility is considered as a headline transaction on the Syndicated Loan Market within the GCC for 2007.

2007: SAAD: BNP Paribas has completed the second largest bond issue in Saudi Arabia for Saad Trading Contracting and Financial Services Company (STCFSC). BNP Paribas acted as sole Bookrunner for this USD 650 million, 5-year Sukuk issue. This transaction is the first Sukuk issued in Saudi Arabia for a private business and illustrates the growing interest in the Sukuk market.

2005: Dolphin US$1 billion Istisna’a & Ijara Facility. BNP Paribas takes a leading role by acting as Mandated Lead Arranger and Documentation Bank in this strategic transaction. This represents the largest Islamic financing deal ever in the energy sector.

2004: Etisalat (Saudi Arabia) appointed BNP Paribas as a financial advisor to raise US$2.35 billion to finance the cost of the license. BNP Paribas successfully raised the funds in 3 weeks from being mandated. This makes this Islamic loan not only the largest Islamic loan ever in the MENA region, but the largest Islamic financing ever in the world at that time.

2002: Al Hidd Project: The Al Hidd transaction (Bahrain), lead arranged by BNP Paribas, proved a milestone for the region. It was the first time a transaction of this nature successfully integrated an Islamic tranche into a financing package also containing an export credit agency covered tranche.