VOL. XXXVI
NO. 3
19-OCTOBER-1992
Financial and Banking News
REGIONAL BANKING
Al Rajhi Lends Pakistan Petroleum $220mn
The Al Rajhi Banking and Investment Corporation has agreed to lend PakistanPetroleum Ltd. a total of SR824mn ($219.7mn) - SR468mn ($124.8mn) for the importof petroleum products and SR356mn ($94.9mn) for the construction of a powerplant in Pakistan. The World Bank had originally suggested that the power plantshould be financed by a long-term loan of $1.8bn provided by a number of...
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