VOL. XXXI

NO. 46

22-AUGUST-1988

Financial and Banking News

LOANS AND ISSUES

Japanese Banks Lend Sonatrach $57mn

The Export-Import Bank of Japan, the Industrial Bank of Japan, and MitsuiBank on 8 August signed a buyer's credit agreement worth up to 7.566bn ($57mn)with Algeria's oil company Sonatrach for the purchase of Japanese goods andservices required for a project at Hassi-Messaoud to construct natural gasre-injection stations.