§ Mr. Martenasked the Chancellor of the Exchequer what are the terms of the £4 million loan from the European Investment Bank to the British Industrial and Commercial Finance Corporation for financing small and medium-size investments in backward regions.
§ Mr. NottThe loan, which is for the equivalent of £3½ million in various currencies, is being made available to the Industrial and Commercial Finance Corporation in two tranches of £2.5 million and £1 million at rates of 7¾ per cent. for the former, which is a 14-year loan, and 7⅜ per cent. for the latter, which is a 9-year loan.