FBN Nigeria WCS
Sector: Raw Materials • Location: Nigeria
Source: International Finance Corporation (IFC)
The proposed project consists of an investment of up to US$150 million in First Bank of Nigeria Limited (“FBN” or the “Bank”), a leading bank operating in Nigeria. The investment will be in the form of a working capital solutions facility (“WCS”), to support the Bank in expanding its trade finance program to Small and Medium Enterprises (“SMEs”). The facility will have a maturity of one year, ren
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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 | The proposed project consists of an investment of up to US$150 million in First Bank of Nigeria Limited (“FBN” or the “Bank”), a leading bank operating in Nigeria. The investment will be in the form of a working capital solutions facility (“WCS”), to support the Bank in expanding its trade finance program to Small and Medium Enterprises (“SMEs”). The facility will have a maturity of one year, renewable annually up to two times for an aggregate tenor of 3 years. A carve-out of 10% of the WCS facility (up to US$15 mn) will be targeted at supported climate-smart projects while an additional 10% will be dedicated to Women-Owned SMEs (“WSMEs”). |
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 |