Financial and Banking News
LOANS AND ISSUES
Five Loans Syndicated for early Year Business
Recent loans mandated or signed by Arab banks have kicked off the year on arelatively buoyant note. A mainly `political' loan was signed last week inKuwait, with Kuwait Foreign Trading, Contracting and Investment Company (KFTCIC)lead managing a $150mn credit for the Soviet foreign trade bank,VneshtorgbaniL The eight-year loan, with a four-year grace period, was providedby a...