Global Trade Alert
Global Trade Alert

Nigeria: Afreximbank disbursed USD 200 million to Zenith Bank PLC

Announcement

11 Sep 2020

In September 2020, Afreximbank disbursed USD 200 million to Zenith Bank Plc under its Pandemic Trade Impact Mitigation Facility (PATIMFA) to mitigate the effects of COVID-19. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Sep 2020

Revocation date:

No revocation date

Updated: 11 Sep 2020
Trade finance In force

On 11 September 2020, Afreximbank disbursed USD 200 million to Zenith Bank Plc. The allocated fund will help Zenith bank to maintain foreign currency trade flows and to lend eligible sub-...

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