NO. 50


Financial and Banking News

Regional Banking

Banks Hold First Meeting To Reschedule Algerian Bank Debt

Algeria's commercial bank creditors are due to meet in Paris on 13 Septemberfor the first formal meeting to consider a rescheduling of bank debt. One ofthe main tasks of the meeting will be to nominate a steering committee and achairman. The steering committee should, to a large extent, choose itself, butfinding a bank to take the chairman's role has proved...