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Japan, UK, US banks eye $1 bln loan to Kuwait Petroleum Corp: Nikkei

Participating banks include Mizuho Bank, which is the main banking unit of Japan's Mizuho Financial Group.
Participating banks include Mizuho Bank, which is the main banking unit of Japan's Mizuho Financial Group.
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27 Mar 2022 02:03:59 GMT9
27 Mar 2022 02:03:59 GMT9

TOKYO: A group of Japanese, British and US banks is considering jointly extending $1 billion in loans to Kuwait Petroleum Corp to help boost oil production and ease tight supplies, the Nikkei business daily said on Saturday.

Participating banks include Mizuho Bank, which is the main banking unit of Japan’s Mizuho Financial Group, British lender HSBC and JPMorgan of the United States, the newspaper said.

Reuters

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