VOL. XXXIV

NO. 47

26-AUGUST-1991

Financial and Banking News

Loans

Societe Generale Presses Ahead with Dutch and Belgian Credits forIran

Loans from Belgian and Dutch banks will form the next stage in the series ofbank financings being arranged for Iran's National Petrochemical Company (NPC)by Societe Generale. The loans will be for work on the Bandar Khomeini, Arak andKhorasan petrochemical plants. Societe Generale was mandated by NPC inSeptember 1990 to arrange $1.8mn in commercial finance for...