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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
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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. ....

Stefan Nalletamby , Yemisi Edun , African Development Bank , Group Plc , Financial Sector Development , African Development Bank Af , First City Monument Bank , Women Entrepreneurship Finance Initiative , Mrs Yemisi Edun , Managing Director , Affirmative Finance Action , Feed Africa , Nigeria Country Strategy Paper , குழு ப்ல் , நிதி துறை வளர்ச்சி , முதல் நகரம் நினைவுச்சின்னம் வங்கி , பெண்கள் தொழில் முனைவோர் நிதி முயற்சி , நிர்வகித்தல் இயக்குனர் , ஆம் என்பது நிதி நடவடிக்கை ,