Original disclosure @ IFC website
Updated in EWS Jun 28, 2019
Disclosed by Bank May 24, 2019
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The proposed project is a US$25 million Unfunded Risk Sharing Facility (“RSF”) (for a total portfolio of US$50 million local currency equivalent) with Union Bank of Nigeria PLC (‘Union Bank’ or “the Bank”), a leading financial institution that also serves Small Medium Enterprise (SME) segment in Nigeria (‘the Country”). The RSF will support the Bank in increasing its lending to SMEs, including Women-Owned SMEs (“WSMEs”), and those operating in the northern and delta regions in Nigeria (the “Project”).
Union Bank of Nigeria Plc
36 Marina Lagos
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