Access Bank secures $162.5m syndicate loan to support MSMEs vanguardngr.com vanguardnews
The bank’s Spokesman, Abdul Imoyo, said in a statement in Lagos that the facility was arranged by FMO, a Dutch development bank, and was provided together with BIO, a Belgian Investment Company for Developing Countries.Also, European Financing Partners S.A, funded by the European Investment Bank, is acting on behalf of the European Community and Norfund .
“Additionally, specific attention will also be paid to strengthening Micro, Small and Medium-size enterprises as many have been held back due to a lack of access to finance. Linda Broekhuizen, Chief Investment Officer at FMO, said FMO was proud to be the mandated lead arranger for this landmark transaction.
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