VOL. XXXVI

NO. 8

23-NOVEMBER-1992

Financial and Banking News

REGIONAL FINANCING

Japanese Eximbank and Commercial Banks to Refinance Credit for Iran

The Export Import Bank of Japan, working with a group of Japanese commercialbanks, is to re-finance a suppliers' credit to Iran which had been granted bythe Japanese company Tomen to cover its work on the Khorasan petrochemicalcomplex. Tomen's contract covers construction of the complex and is worth about$400mn. The Eximbank is covering Yen35bn ($281mn)...