FCMB introduces Revamped Agro-Commodity Trade Finance Facility to boost agriculture - Daily Post Nigeria

rators. The development marks another bold step by the Bank to expand and deepen its support to the agricultural sector, its value-chain and the overall growth of the Nigerian economy.The revamped facility is designed for agro-commodity merchants with supply contracts to multinationals, large corporates and processors of agro-commodities. Targeted commodities are cocoa, cashew nut, sesame, ginger, palm Oil, grains .

He assured that FCMB is focused on being a strategic partner in the agric sector to drive the diversification of the Nigerian economy, food self-sufficiency, employment and export earnings.Highlighting FCMB’s contributions to agribusiness, Mr. Gumunyu said the Bank had sustained the tempo of support through numerous cutting-edge initiatives through innovative products.

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