VOL. XLV
No 15
15-April-2002
ALGERIA
Algeria Secures 30MnGuaranty From IFC, BNP Paribas For Trade Development
Algeria has secured a guaranty agreement of up to 30mn over athree-year period which is designed to benefit private sector Algerianimporters. Signed on 9 April, it is to be structured as a risk-sharingagreement between the International Financial Corporation (IFC the privatesector development arm of the World Bank) and BNP Paribas. Under thisagreement, IFC will provide a 50% guarantee to...
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