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Financial and Banking News

Regional Financing

Algeria Asks For Reprofiled Debt To Be Included In Rescheduling Talks

The Algerian financial authorities have asked representatives of theircommercial bank creditors to include $1.5bn in credits already restructuredunder a previous agreement alongside other bank debt which will soon berescheduled under the auspices of the London Club. Bankers had assumed that thereprofiled debt - short-term credits which were bought...