NO. 45


Financial and Banking News

Regional Financing

European Banks to Sign Export Credit Deal for Kuwait Air-ways

European banks are to sign a $60mn export credit-backed loan to fund thepurchase of an Airbus A310 for Kuwait Air-ways. The banks were expected to signthe deal on 5 August, with the Kuwaiti side signing in Kuwait a few days later.The export credit portion will be accompanied by a commercial loan. The leadbanks were Credit Lyonnais (as agent), Barclays Bank,...