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Exim Bank gives LOC to Ethiopia .


Date: 13-12-2010
Subject: Exim Bank gives LOC to Ethiopia
MUMBAI: Export-Import Bank of India has extended a Line of Credit (LOC) of $ 213.31 million to the government of Ethiopia, which is the third tranche of the total credit commitment of $640 million for financing sugar industry rehabilitation in Ethiopia. Exim Bank has earlier extended two LOCs of $ 122 million as first tranche and $166.23 million as second tranche .

Source : indianexpress.com

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