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FCMB, Proparco sign $35m funding deal for SMEs, renewable energy projects

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FCMB, Proparco sign $35m funding deal for SMEs, renewable energy projects

Managing Director of FCMB, Mrs. Yemisi Edun Share First City Monument Bank (FCMB) has signed a $35 million loan and an EURIZ portfolio guarantee of N5 billion (EUR 10 million equivalent) deal with Proparco.The credit line will fund renewable energy projects and Small and Medium Scale Enterprises (SMEs) affected by the Covid-19 pandemic.Speaking at an agreement signing ceremony in Lagos, the Managing Director of FCMB, Mrs.

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FCMB, Proparco sign $35m funding deal for SMEs, renewable energy projects

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FCMB, Proparco sign $35m funding deal for SMEs, renewable energy projects

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