NO. 4


Financial and Banking News

Regional Banking

Alba Financing Enters Final Stages, but Prospects for GPIC Look Doubtful

The export credit portion of Aluminium Bahrain's (Alba's) $1,443mn expansionplan should be finalized by mid- November, and the financing as a whole shouldbe completed around the end of the year. The export credits will be worth about$550mn, of which 60% will go towards the power plant and the remainder towardsthe smelter. Five export credit agencies...