ATFP, Bank Audi sign credit line agreement

ABU DHABI — The Arab Trade Finance Programme, ATFP, signed here yesterday a credit line agreement with the Bank Audi S.A.L — Audi Saradar Group, one of the Lebanese national agencies approved by the ATFP.

By (Wam)

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Published: Fri 17 Jun 2005, 11:44 AM

Last updated: Thu 2 Apr 2015, 4:44 PM

ATFP Chief Executive and Board Chairman, Jasim Al Manae, signed for his outfit, while Ramon Oda, Board Chairman and Director General of Bank Audi S.A.L, also signed for his side. The $25 million credit line, to be used in financing Lebanon’s foreign trade, brings to 77 the total of credit lines given to Lebanese national agencies at a total cost of $681 million.

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