News Formal

Afreximbank, Sterling bank to offer supply chain finance in Nigeria

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 94%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

African Export-Import Bank (Afreximbank) has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria.

African Export-Import Bank has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria.African Export-Import Bank has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria.

Under the arrangement, Afreximbank will provide financing to corporate and banks in both US Dollars and Euros while Sterling Bank will manage financing in naira. Suppliers of Nigerian corporate can thus benefit from financing in both local and foreign currency as per their requirements. “African businesses now have the opportunity to harness the potential of this product, which has been widely adopted globally, at an accelerated pace by learning from the experiences of other regions and using the latest technologies which have been developed,” he explained.

African Export-Import Bank has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 1. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Group hails Uzodimma over $1.5b Afreximbank investment, dredging of Orashi RiverThe National High Command of an apex socio-political Imo-based group, comprising the three senatorial districts of Imo State, Trinity Owerri, Okigwe
Källa: GuardianNigeria - 🏆 1. / 94 Läs mer »