VOL. XLVII

No 02

12-January-2004

AID

JBIC Loan Commitments To Middle East And North Africa Reach $1.15Bn In 2002

Loan commitments to the Middle East and North Africa region by the Japan Bank for International Cooperation (JBIC) in financial year 2002 (1 April 2002 31 March 2002) reached 138.6bn ($1.15bn at an exchange rate of $1 = 120.2), according the banks Annual Report 2003. The figure represents a 42% increase over loan commitments to the region in 2001, which totaled 97.9bn ($735mn at the...