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Burgan Bank seals finance deals totaling $2.69bn

Kuwaiti lender Burgan Bank has said its Corporate Banking Group has successfully completed a range of finance deals for major projects during the year 2010 and the first five months of 2011, worth KD741m ($2.69bn) in total, Kuna has reported. During 2010, the Corporate Banking Group has financed projects worth of KD490m, while in the first five months of 2011, and for the period ending May, 2011, the total value of finance deals reached KD 251m, the lender said.