China Development Bank
Thursday, 5th April 2018
The Assiut Oil Refining Company (ASORC) signed an agreement with the National Bank of Egypt (NBE) on April 4th regarding a $100 million loan from China Development Bank.
Thursday, 2nd June 2016After a meeting between the Minister of Petroleum and Mineral Resources, Tarek El Molla, and a delegation of China Development Bank (CDB), the bank expressed its readiness to finance petroleum Projects in Egypt.
Sunday, 6th March 2016The National Bank of Egypt (NBE) has received a $700m (EGP 5.5b) loan from the China Development Bank to finance infrastructure projects in energy and other sectors.
Tuesday, 1st March 2016The integrated Brazilian energy company Petrobras has secured a $10b loan from the China Development Bank (CDB) in exchange for supplying petroleum to Chinese companies or to be repaid in cash.