Nigeria : IFC grants $10 m to strengthen Providus Bank’s short-term signature

Nigeria : IFC grants $10 m to strengthen Providus Bank’s short-term signature

The small, fast-growing Nigerian bank, which recently exited the OTC market, will benefit from a $10 million trade finance line through the IFC’s Global Trade Finance Program.

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            ▪ Nigeria : IFC grants $10 m to strengthen Providus Bank’s short-term signature

▪ The small, fast-growing Nigerian bank, which recently exited the OTC market, will benefit from a $10 million trade finance line through the IFC’s Global Trade Finance Program.

https://www.africabusinessplus.com/en/813675/nigeria-ifc-grants-10-m-to-strengthen-providus-banks-short-term-signature/

Having entered the Nigerian banking landscape in 2016 with a regional commercial bank licence from the Central Bank of Nigeria (CBN)Providus Bank Plc will receive a trade finance line of credit from the IFC (World Bank).

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