The two issues were referred to by the main sponsors of the awards, the African Guarantee Fund and the Bank of Industry
, both of which have created several innovative instruments and mechanisms to lend to the often marginalised SME sector (see African Banker magazine, Q2 2019).
Both these issues were referred to by the two main sponsors of the awards, the African Guarantee Fund and the Bank of Industry
, which have created several innovative instruments and mechanisms to lend to the often marginalised SME sector.
The empowerment programmes he listed as: N-power, Bank of Industry
Youth Entrepreneur Support (YES), Central Bank of Nigeria (CBN) and Bank of Industry
(BOI) programmes, Trade Mini, among others.
"Nigeria is blessed with several mineral resources and there is a need for collective effort by all stakeholders to move the mining sector forward," says Mrs Olayinka Mubarak, Group Head, Solid Minerals & Metals at the Bank of Industry
Iran's Bank of Industry
and Mine signed a finance contract with Russian Vnesheconombank(VEB) bank for financing a major project for electrifying Iran's northern railway system.
Iranian Bank of Industry
and Mine, and Middle East Bank signed the agreement with Italian Global Investment.
Subsequently, Access' and UBA's long-term local currency deposit ratings and Bank of Industry
's long-term issuer ratings no longer benefit from a one-notch uplift from their b2 BCAs (or standalone credit profile, as is the case for Bank of Industry
) as these are now at the same level as the government bond rating.
The CEOs of the Export Development Bank of Iran, Bank of Industry
and Mines, Bank Refah, Bank Parsian and Bank Pasargad-both private and public sector banks-were part of a delegation headed by Central Bank of Iran Governor Valiollah Seif on his visit to Beijing last week.
Separately, Chinese investment management company, China CITIC Trust Company, has signed USD10bn agreement with Iran Bank Refah Kargaran, Bank of Industry
and Mine, Parsian Bank, Pasargad Bank and Export Development Bank of Iran in Beijing on Thursday, the report noted.
The Bank of Industry
(BoI) and Ebonyi Government have inked a N4 billion deal for the promotion of agriculture and establishment of industries in the state.
Referring to the journey by President Rouhani to France targeting a new round of cooperation, he said that the Iranian Bank of Industry
and Mine using credit line of China and National Development funds of Islamic Republic of Iran, has financed large industrial projects during the period of sanctions.
Iran's Bank of Industry
and Mine will provide $1.8 billion of the total finance through China Export and Credit Insurance Corporation (SINOSURE).