Exim Bank extends LoC to Angola and Seychelles

New Delhi, July 15 (UNI) Exim Bank of India today extended two Lines of Credit (LoC) to Angola and Seychelles aggregating 18 million dollars at the behest of the Government for the export of essential commodities.

The LoC agreement with Angola was signed on July 6, 2006 by Exim Bank Executive Director RMV Raman and Ambassador of Republic of Angola in India, Antonio Da Costa Fernandes.

While, the LoC agreement with Seychelles was signed on July 10, 2006 by Mr Raman and Ms Lekha Nair, Principal Secretary, Department of Finance, Government of Seychelles.

UNI SBA VJ GC1711