FCMB signs $35m deal with European development institution - Punch Newspapers

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First City Monument Bank Limited has announced the signing of a $35m funding deal and a N5bn EURIZ portfolio guarantee with Proparco, a European development finance institution.

The Managing Director, FCMB, Mrs Yemisi Edun, said, “Proparco’s financing and risk-sharing interventions align with our purpose, commitment and support to SMEs with high growth potential and the renewable energy sector. The Country Director, Proparco, Mr Jean Guyonnet-Duperat, expressed his excitement at the partnership, saying the agency was committed to promoting sustainable economic, social and environmental development, according to the statement.

 

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The Nigeria large domestic market continues to attract western investors to our local banks for economic development but the economically clueless disunity ground have no economic understanding order than ethnic bigotry and resources marginalization.

I tire o .. But them borrow me loan Sha 😅😅

Banking wey their app is always down. Smh

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