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Europe Daily Bulletin No. 8392

4 February 2003
Contents Publication in full By article 38 / 43
GENERAL NEWS / (eu) eu/eib
Loan to Dominican business banks with view to financing medium-sized projects in the private sector

Brussels, 03/02/2003 (Agence Europe) - The European Investment Bank (EIB) has decided to grant a loan of EUR 40 million (i.e. equivalent to $41 million) from its own resources to four banks in the Dominican Republic: Banco Popular, Banco Intercontinental (Baninter), Banco BHD and Banco Nacional de Credito (Bancredito). The loan will run for 12 years, including a 4-year deferral. The aid is the first part of a two-part operation amounting to a total of EUR 80 million. The banks taking part...

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