The Bank of Industry(BOI) has won Best Development Bank of the Year Award and Best Financial Institution Syndicated Loan Award.
Responding to these developments, the managing director of the bank, Mr. Kayode Pitan said, the awards and recognitions, 20 of them in the last six years, “do not only show a demonstration of commitment and innovativeness that has improved the bank’s fortunes, but also serve as positive reinforcement for more work.”
The second and third were the Euro 1 billion syndication that closed in March 2020 and another $1Billion syndication that closed in December 2020 . The fifth capital raising transaction was the €1 billion guaranteed senior loan facility concluded in August of 2022. This deal also represents the first of its kind, by any Nigerian financial institution, both in terms of its size and structure.
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