NOS. 13/14

27-DEC-93/3 JAN 94

Financial and Banking News

Aid Flows

Islamic Development Bank Approves Financial Assistance Worth ID749MnDuring 1413H

The Jiddah-based Islamic Development Bank (IDB) approved financial assistanceworth Islamic dinars (ID) 749.06mn ($1,052.43mn) for 171 different operationsduring the Hijra year 1413 (July 1992-June 1993), according to the bank's latestAnnual Report. Disbursements for the period totaled ID386.65 ($543.25mn), or51.6% of approved commitments for...