Financial and Banking News
Jeximbank Extends New Facility to Algerian Banks
The Export-Import Bank of Japan (Jeximbank) has agreed to extend up to Y20bn ($145mn) to four Algerian banks to purchase Japanese goods and services. The banks are Banque Exterieure d' Algerie (BEA), Banque de l' Agriculture et du Developpement Rural (BADR), Banque Nationale d' Algerie (BNA) and Credit Populaire d' Algerie (CPA). This is the fourth such loan from Jeximbank to...