Original disclosure @ IFC website
Updated in EWS Jul 15, 2021
Disclosed by Bank May 28, 2021
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A tradeline guarantee with Sterling Bank Nigeria is part of the proposed project. The project will help the Bank achieve its strategic goal of expanding its international trade business in its target industries (Health, Education, Agribusiness, Renewables, and Transport). The project is being processed through the IFC's Global Trade Finance Program (GTFP), which enhances and supplements banks' ability to provide trade financing by mitigating risk in markets where trade lines are constrained.
Sterling Bank Plc
Group Head – Transaction Banking & Corporate Solutions
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