NOS. 13/14

26-DEC-94/2 JAN 95

Financial and Banking News

Regional Financing

National Bank Of Egypt Joins Loan For Israeli Government

The National Bank of Egypt (NBE) has become the first Arab bank to take partin a loan to the Israeli Government, it was announced on 20 December. NBE joinsIsrael's Bank Leumi UK, Chemical Bank of the US and several other American andEuropean banks in a syndicated loan worth DM130mn ($82mn) for Israel. Thefour-year loan was raised in London and carries an...