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Wednesday, 21 February 2018

CIB to contribute USD 200 mn to USD 550 mn loan to EGPC

CIB will contribute USD 200 mn to a two-year USD 550 mn loan to the Egyptian General Petroleum Company (EGPC), sources tell Al Mal. The National Bank of Egypt (NBE) and Banque Misr will each contribute USD 150 mn, while Banque du Caire will pay the remaining USD 50 mn under an agreement signed last week.

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