Tag: Ecobank

Ecobank secures US$150 million term loan facility

Ecobank Nigeria, a subsidiary of Ecobank Transnational Incorporated has secured a US$150 million term loan facility from Commerzbank Aktiengesellschaft, Filiale Luxemburg, First Gulf Bank PJSC, Mashreqbank psc and Standard Chartered Bank. Set to be used for general lending purposes, the was 50 percent oversubscribed, increasing from its original US$100 million ...

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