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EST 1917
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News Brief

March 15, 1979
See Original Daily Bulletin From This Date

The exclusion of Bank Rothschild of Zurich from an international $33 million loan for Algeria earlier this year was not due to pressure from the Algerians themselves but from Jordanians and Kuwaiti members of the loan syndicate, the Jewish Telegraphic Agency learned. Neither the Algerian National Bank nor a private Saudi Arabian bank had objected to the inclusion of the Jewish-owned Rothschild bank, which is on the blacklist of the central Arab boycott office. However, Kuwaiti and Jordanian banks, sensitive to Palestinian influence in their own countries, forced the issue.

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