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FCMB gets $50m from AfDB, increases lending to high impact businesses

FCMB gets $50m from AfDB, increases lending to high impact businesses FCMB gets $50m from AfDB, increases lending to high impact businesses Share Women empowered businesses and local enterprises involved in agribusiness, manufacturing, health care, and renewable energy will have access to long term funding from First City Monument Bank (FCMB), courtesy of a $50million credit facility from the African Development Bank (AfDB). The $50million credit line will narrow the lending gap to underserved segments and complement FCMB’s lending efforts and operations in the Nigerian market. AfDB will disburse the funds to FCMB before the end of this year.

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Financial Inclusion: How Nigerian banks woo children

Financial Inclusion: How Nigerian banks woo children Banks offer unique interest rates, withdrawal conditions and gifts to draw parents to their services. Banks in Nigeria are competing to outdo each other in winning not just adult but children customers. And to a good extent, they are making progress. Before now, children were not considered eligible to own bank accounts. But things have changed. Taking advantage of technology and the mandate to increase financial inclusion in the country, banks now offer parents and guardians the opportunity to operate functional accounts for their children from age zero to the adult age of 18.

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AfDB to provide $150m for women in agricultural sector

AfDB to provide $150m for women in agricultural sector
thecable.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecable.ng Daily Mail and Mail on Sunday newspapers.

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We have dollars - Nigerian banks tell customers

We have dollars - Nigerian banks tell customers
nairametrics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairametrics.com Daily Mail and Mail on Sunday newspapers.

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FCMB empowers agribusiness, healthcare, others with AfDB s $50m credit

FCMB empowers agribusiness, healthcare, others with AfDB s $50m credit
naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.

Stefan nalletambyYemisi edunAfrican development bankGroup plcFinancial sector developmentAfrican development bank afFirst city monument bankWomen entrepreneurship finance initiativeManaging directorAffirmative finance actionFeed africaNigeria country strategy paperகுழு ப்ல்நிதி துறை வளர்ச்சிமுதல் நகரம் நினைவுச்சின்னம் வங்கிபெண்கள் தொழில் முனைவோர் நிதி முயற்சி