NBE-led banking consortium in negotiations for USD 600 mn loan to Red Sea Petroleum Refining Company

by enterpriseam adminEgypt Edition17 May 2020

The National Bank of Egypt (NBE) is leading negotiations with Qatar National Bank, CIB and the National Bank of Kuwait to form a consortium that will provide a USD 600 mn loan to the Red Sea Petroleum Refining Company, according to Al Mal.

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BANKING + FINANCE CIB debt Finance National Bank of Egypt National Bank of Kuwait

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NBE-led banking consortium in negotiations for USD 600 mn loan to Red Sea Petroleum Refining Company

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