NO. 52


Financial and Banking News

Regional Banking

France Sells FF1.5Bn Of Its Egyptian ODA Debt

France has completed the auction of FF1.5bn ($284mn) of officialdevelopment assistance (ODA) loans previously extended to Egypt. The Frenchauthorities invited bids from banks on 22 July and offers had to be submitted by5 September. Allocations were made on 19 September to Paris-based Union deBanques Arabes et Francaises (UBAF), Credit Commercial de France, BanqueNationale...