Sessional Paper No. 02 of 1981 on The Kenya Government Guarantee of a Loan to the Industrial Development Bank Limited from a Consortium of Swiss Banks

Abstract

In accordance with the provisions of the Guarantee (Loans) Act (Cap. 461) the following information is laid before the National Assembly relating to a guarantee by the Government of the obligations of the Industrial Development Bank Limited (hereinafter referred to as "IDB") in respect of a loan of Swiss Francs 10 million equivalent to Kenya Shillings 41,304, 000/ = at current rates or exchange to be granted to IDB by the: Union Bank of Switzerland, 45, Bahnhofstrassee, Zurich Switzerland...