28-DEC-92/4 JAN 93
Financial and Banking News
OPEC Fund Announces Loans Worth $77mn, Cumulative Total Reaches $2.7bn
The Governing Board of the OPEC Fund for International Development (OFID),during its 61st session in Vienna on 10 December, announced the approval of 14new loans worth $76.55mn, and two new grants worth $500,000. All the projectloans have a maturity of 17 years, including a grace period of five years, withthe exception of a 10-year loan to the...