European bank, UBA seal N20.89b deal

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European bank, UBA seal N20.89b deal

« on: October 12, 2016, 01:01:02 AM »

European bank, UBA seal N20.89b deal

The European Investment Bank (EIB) and United Bank for Africa (UBA) have agreed to a new N20.89billion (60 million euro) lending programme to support private sector-driven growth across Nigeria. The deal is said to represent the EIB’s largest loan to UBA, and will allow UBA provide longer-term loans than currently available, to private companies in […]

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