Exim Bank extends USD 17.5 mn LoC to Guyana

Export-Import Bank of India today said it has extended USD 17.5 million of line of credit (LoC) to Guyana for up-gradation of three hospitals in the country.
The LoC was was signed between Guyana's finance minister and Exim Bank's resident representative (Washington DC office), Sailesh Prasad, on July 19, the bank said in a statement here today.
With this LOC agreement, Exim Bank so far has extended eight LoCs to Guyana, taking the total value of LOCs extended to USD 109.88 million.