VOL. XLVI
No 35
01-September-2003
SUDAN
REGIONAL BANKING
Byblos Setting Up Bank In Sudan, OPEC Fund To Provide $5Mn
Lebanons Byblos Bank announced that it is setting up a bank in Sudan, with operations set to begin in Khartoum this week. The bank, named Byblos Bank Africa, is being set up with $18mn, of which $12mn is capital and $6mn subordinated debt. The OPEC Fund will participate in the transaction by providing $5mn and taking a stake of almost 20%, George Andraos, Financial Institution Officer...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!