VOL. XXXIV
NO. 26
1-APRIL-1991
Financial and Banking News
Regional Banking
Bank Dhofar al-Omani al-Fransi to Arrange Lekhwair Field Finance
Bank Dhofar al-Omani al-Fransi, a French-managed bank established in Oman in1990, announced on 23 March that it will arrange a locally syndicated loan worth$16.5mn for the newly-formed National Drilling and Services Company of Oman. Theloan will cover 70% of the purchase price of two drilling rigs worth $23mncurrently being assembled in Houston, Texas, which...
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