Exim Bank extends Line of Credit to PTA Bank
Mumbai (PTI): Exim Bank of India on Thursday said it has extended a Line of Credit of $ 15 million to PTA Bank, a regional development bank for eastern and southern Africa.
The Line of Credit can be used by Indian exporters to finance exports to 17 eastern and southern African member countries of PTA Bank, it said in a release.
Till date, Exim Bank has extended eight Line of Credit to PTA Bank, taking the total value of Line of Credit to $ 50 million, the release added.
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