International records / African Development Bank

Project Brief - Zenith Bank Nigeria

The proposal is to extend additional resources to Zenith Bank in the form of a second line of credit (LOC II) of USD 100 million. LOC II will be utilised to finance infrastructure projects, corporates and SMEs in the agribusiness, energy, telecommunications manufacturing and extractive industries. With the Bank’s line of credit, Zenith will be able to provide medium to long-term funding to sub-borrowers in Nigeria. Such medium to long term funding is not readily available to corporate companies in Nigeria and term funding is fundamental for the implementation of investment plans and the develo…

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Source	African Development Bank
Collection	International records
Kind	Document
Publisher	African Development Bank Group
Date	2015-08-25
Type	other
Details	AfDB documents
Found at	https://www.afdb.org/en/documents/document/project-brief-zenith-bank-nigeria-56165
Archived copy	Look it up in the Wayback Machine
Record ID	`afdb:/en/documents/document/project-brief-zenith-bank-nigeria-56165`

Cite this record

Project Brief - Zenith Bank Nigeria. African Development Bank, 2015. Vero Archive, record afdb:/en/documents/document/project-brief-zenith-bank-nigeria-56165.