VOL. XXXVIII
NO. 21
20-FEBRUARY-1995
Financial and Banking News
Regional Banking
Banks And Algeria Move Closer Towards Rescheduling Agreement
Algeria and its commercial bank creditors are making slow but steady progresstowards an agreement to reschedule the country's commercial bank debt. A majorbreakthrough during the last round of talks, which were held in London on 7-8February, was the banks' acceptance that $1.5bn "reprofiled" in 1992would be eligible for rescheduling as part of the present...
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