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Afreximbank Lists Eight Nigerian Banks among Trade Finance Intermediary Initiative

Obinna Chima The African Export-Import Bank (Afreximbank) has accredited eight Nigerian banks to join its expanded trade finance intermediary initiative. In all, the bank increased the number of its Trade Finance Intermediaries (TFIs) to more than 65 in 30 African countries. The Nigerian banks listed were Access, FCMB, Fidelity, First Bank of Nigeria, Sterling, Union Bank, Stanbic IBTC and Zenith. Some other financial institutions in the continent that made the list included Bank Gaborone, First National Bank of Botswana, Coris Bank International, Ecobank Cameroon, Banco Caboverdiano de Negócios S.A.’S (BCN), BGFI Cote d’Ivoire, Arab International Bank, Commercial International Bank (CIB), National Bank of Egypt, Export Development Bank of Egypt and Vista Bank Gambia, among others.

Afreximbank expands trade finance intermediary initiative, lists eight Nigerian banks

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