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Nigeria: Zenith Bank secures USD 125 million from the African Development Bank for on-lending to the SMEs

Description

On 28 March 2014, the African Development Bank (AfDB) announced a USD 125 million credit line to Zenith Bank. The credit line will be used for further lending to Small and Medium-sized Enterprises (SM...

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Intervention Details

Intervention Type

Lending support

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Mar 2014

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Sectors

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Affected Products

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