NCB Capital Company

NCB Capital, the largest investment bank in Saudi Arabia with over USD 40 billion of assets under management and the largest global Shariah-compliant asset manager, announced that a vehicle advised by one of its subsidiaries has signed an agreement to acquire a portfolio of 19 commercial aircraft from AerCap Holdings N.V. (NYSE: AER). AerCap, the global leader in aircraft leasing and aviation finance, will provide technical and lease management services to the portfolio. The acquisition was structured and executed by NCB Capital in partnership with the Treasury Group of its ...