Diamond Bank JV
Sector: Commercial • Location: Nigeria
Source: International Finance Corporation (IFC)
IFC proposes to provide Diamond Bank Plc (“Diamond Bank” or the “Bank’) with a subordinated convertible loan of up to US$70 million to support its expansion strategy, strengthen its capital base and enhance its corporate governance and risk management practices. Furthermore, it is expected to send positive signals to the market, aimed at improving confidence within the Nigerian financial sector, a
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | IFC proposes to provide Diamond Bank Plc (“Diamond Bank” or the “Bank’) with a subordinated convertible loan of up to US$70 million to support its expansion strategy, strengthen its capital base and enhance its corporate governance and risk management practices. Furthermore, it is expected to send positive signals to the market, aimed at improving confidence within the Nigerian financial sector, as well as with international investors. The Project will also provide the Bank with significant and stable long-term financing to help it grow its business. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |