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FSDH Merchant Bank Secures a $25m Grant To Support SMEs In Nigeria - Vimarsana News

FSDH Merchant Bank Secures a $25m Grant To Support SMEs In Nigeria

(AFRICAN EXAMINER) - African Development Bank (AfDB) has approved a $15 million trade finance line of credit and $10 million transaction guarantee for FSDH Merchant Bank in Nigeria. FSDH will use the line of credit to provide loans to local enterprises in Nigeria. The $25 million package will help to reduce the trade finance gap