Financial And Banking News


Libya Lends $100mn to Morocco 

Libya has lent Morocco $100mn under an agreement signed on 9 May, according to a report by the Moroccan News Agency (MAP). The loan falls within the framework of cooperation between the two countries following the signature last August of a treaty of union. The loan agreement was signed by the Libyan Arab Foreign Bank and the Banque Marocaine du Commerce Exterieur.