26-DEC-94/2 JAN 95
Financial and Banking News
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...