Jaiz Bank, Others Secure $50 m For SMEs Financing
Jaiz Bank, Wema Bank and SunTrust Bank on Tuesday signed a Memorandum of Understanding (MoU) and secured a $50 million from Islamic Corporation for the Development of the Private Sector (ICD) for lending to small and medium scale business on profit sharing basis instead of the normal banking interest-based system. The signing ceremony was held in Lagos on the occasion …
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