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English news

03-Mar-2016

Saudi Arabia asks banks to discuss major loan

Saudi Arabia's government has asked banks to discuss providing it with a major international loan that could total around USD10 billion, sources aware of the matter said on Wednesday. The government sent an invitation to banks to discuss the loan, the sources said, declining to be named because the matter is not public. The invitation did not specify the size of the loan, but the sources said they believed it could be around USD10 billion or possibly more. (Reuters)

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