The Arab Banking Corporation (ABC) will sign a US$50 million loan with Egypt's Export Development Bank on May 14 in Berlin, according to reports.
ABC officials were quoted by AME-Info.com as saying that “the three-year loan, which is arranged in association with Bankgesellschaft Berlin for general purposes, will carry an interest rate 65 basis points over Libor.” – Albawaba.com
© 2001 Al Bawaba (www.albawaba.com)
