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English news

10-Mar-2016

AAIB arranges EGP2.5 billion financing for Food Industries Holding

Arab African International Bank (AAIB) announced that it has arranged a short-term syndicated loan worth EGP2.5 billion for Food Industries Holding Company (FIHC). AAIB acted as the main arranger, guarantor, financing agent and promoter of the loan. Four other banks took part in the syndicate: Banque Misr, QNB Alahli, Arab bank and Banque du Caire. (Al Mal)

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