FINANCIAL NEWS

NBK prepares USD280m loan to KS

12 Jul 2016

(MENAFN) National Bank of Kuwait had provided a USD280 million loan to Kuwait Styrene Co, a report said.

In detail, the loan would be allocated for general business purposes, the bank said in a filing to the Kuwaiti stock exchange.

It’s worth mentioning that Kuwait Styrene Co was established in 2004 as a joint venture between Kuwait Aromatics Co and Dow Chemical Co.

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