FMO, FCMB, EU sign $25m NASIRA guarantee agreement

Tribune Online
FMO, FCMB, EU sign $25m NASIRA guarantee agreement

The Dutch entrepreneurial development bank FMO and Nigeria’s First City Monument Bank (FCMB) signed a $25 million NASIRA guarantee agreement. The guarantee will enable FCMB to expand its funding to agricultural, youth, and women-owned SMEs without requiring collateral, targeting a client group typically deemed too risky by banks. Funded by the European Commission, NASIRA is […]

FMO, FCMB, EU sign $25m NASIRA guarantee agreement
Tribune Online

​Tribune Online
FMO, FCMB, EU sign $25m NASIRA guarantee agreement
The Dutch entrepreneurial development bank FMO and Nigeria’s First City Monument Bank (FCMB) signed a $25 million NASIRA guarantee agreement. The guarantee will enable FCMB to expand its funding to agricultural, youth, and women-owned SMEs without requiring collateral, targeting a client group typically deemed too risky by banks. Funded by the European Commission, NASIRA is
FMO, FCMB, EU sign $25m NASIRA guarantee agreement
Tribune Online