Which bank Extends $500 Million Loan Facility To 15-Nation Group In Af – InterviewSolution

InterviewSolution

1.	Which bank Extends $500 Million Loan Facility To 15-Nation Group In Africa?
Answer» The Export-Import Bank, Exim Bank announced that it will provide a USD 500 million credit facility to Economic Community of West African States (ECOWAS) to fund various development projects in western-south Africa. According to the Bank, with the signing of line of credit (LoC) agreement, the Bank till date has extended four LoCs to the Bank for Investment and Development (EBID) of West African States, taking the total value of LOCs to USD 1,000 million. The LoC of USD 500 million is an umbrella limit for financing developmental projects in 15-member countries.

Discussion

No Comment Found

Related InterviewSolutions

Which bank became India's most-valued Public Sector Unit (PSU) in terms of market valuation?
Mastercard creates credit card with __________ scanner.
Which Indian bank has won the 2017 Golden Peacock Innovative Product/Service Award (GPIPSA)?
Japan's SoftBank invested this much of amount in digital payments platform Paytm.
Which bank tie-up with Catholic Syrian Bank to distribute its individual life insurance products to the private lender's customers?
Which bank tie-up with Paisa bazzar.com to make the process of availing a loan easy and act as a one-stop financial solution provider for all retail lending needs of the customer?
The Reserve Bank of India (RBI) proposed a set of regulations regarding mergers and acquisitions (M&A). The proposed regulations will be brought under the FEMA rules of
Which bank has tied up with Cashkaro.com to launch card-linked offers as part of its loyalty programme for both offline and online shoppers?
16 The Reserve Bank will soon put into circulation Rs. 5 coins to celebrate 150th anniversary of ___________.
FATCA stands for __________.