INTERNATIONAL
In an effort to bolster rain forest conservation in Latin America, BankAmerica Corp. said it will donate up to $6 million of its Latin American loan repayments to conservation groups. Instead of repaying loans owed to the San Francisco bank, the debtor nation would negotiate with conservation groups and identify environmental projects that the money could fund. The loan donations will be made over three years to three organizations--the World Wildlife Fund, Conservation International and the Smithsonian Institution.
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