VOL. XXXIV

NO. 11

17-DECEMBER-1990

Financial and Banking News

Regional Banking

Alba Signs $580mn Export Credit Loans for Expansion Plan

Aluminium Bahrain (Alba) is to receive $580mn in officially-backed exportcredits under loan agreements signed in Manama on 15 December. The credits,which will cover the cost of building a new power plant and aluminum smelter,are part of a $1,443mn package to finance a doubling of the company's capacity(MEES, 29 October). The first stage of the package was completed...