ACCESS BANK GLOBAL LOAN NIGERIA
- Reference: 20110427
- Release date: 14 August 2012
ACCEPTABLE BANK(S)
- Nigeria
Line of credit to finance loans to small and medium sized enterprises (SMEs) in Nigeria, through the intermediary Access Bank Plc.
The line of credit is to support the availability of term finance to SMEs operating in the productive and service sectors in Nigeria.
- Credit lines
EUR 50 million
Total cost (Approximate amount)Not applicable.
Environmental aspectsAccess Bank will ensure that projects financed are implemented in conformity with the environmental laws of Nigeria.
Access Bank will take all the requisite measures to ensure that the procurement of works, goods and services relating to the subprojects which the EIB finances is the most economically advantageous option, following appropriate procedures in the light of the circumstances and taking account of quality and efficiency.
Signed - 28/12/2012.
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).
