Signature(s)
Amount
€ 50,000,000
Countries
Sector(s)
Nigeria
: € 50,000,000
Credit lines
: € 50,000,000
Signature date(s)
1/09/2014 : € 50,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
22 May 2014
Status
Reference
Signed | 01/09/2014
20140193
Project name
Promoter - financial intermediary
ACCESS BANK GLOBAL LOAN NIGERIA II
ACCEPTABLE BANK(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
Not applicable.
Location
Sector(s)
Description
Objectives
Line of credit to finance small and medium sized projects undertaken by private enterprises in Nigeria, through the intermediary Access Bank Plc.
The line of credit is to support the availability of term finance to private enterprises operating in the productive and service sectors in Nigeria.
Environmental aspects
Procurement
Access 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.
Link to source
Summary sheet
Other links
Data sheet