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Nigeria’s Access Bank Gets $295 Million to Help Small Firms
Access Bank Plc, Nigeria’s biggest lender by assets, signed a $295 million syndicated loan from foreign lenders to support small businesses that are battling high cost of borrowing and accelerating inflation.
Dutch development bank FMO led other lenders including British International Investment, Belgian Investment Company for Developing Countries, and funds in Canada, Finland, Norway and Sweden, among others to raise the funds, Access Bank said in emailed statement.
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