Скачать или смотреть FSDH Merchant Bank Secures $20 Million Trade Finance Boost from AfDB

FSDH Merchant Bank has announced the signing of a significant $20 million Trade Finance Facility Agreement with the African Development Bank (AfDB). This landmark agreement is expected to have a substantial impact on trade financing across emerging sectors in Nigeria.

The Trade Finance Facility includes a $15 million Trade Finance Line of Credit specifically designed to support medium-sized businesses and indigenous corporations involved in international trade value chains. Additionally, there is a $5 million transaction guarantee aimed at facilitating the confirmation of FSDH's trade finance transactions.

This strategic partnership between FSDH Merchant Bank and AfDB is geared towards fostering trade and economic growth, particularly for businesses engaged in international trade. The initiative is poised to enhance financial support for key sectors in Nigeria, contributing to economic development.

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FSDH Merchant Bank Secures $20 Million Trade Finance Boost from AfDB | NC Breakfast Central | 22-12-23

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