Sterling Bank Plc

Sterling Bank Plc - Afreximbank Direct Loan

Borrower(s)
Sterling Bank Plc
Industry
Other/Trade
Area of finance
Export & Agency Finance
Region
Africa
Africa
Countries
Nigeria

Deal Overview

Sterling Bank has entered a $75 million deal with the Afreximbank to promote non-oil exports within and outside Africa. The deal is seen as crucial in financing and deepening trade activities in Nigeria, contributing to facilitating intra-Africa trade by improving trade finance capacity. It aims to...

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Deal Volume
$75m
Financial Close
14/11/2023
Dealmakers
Sources

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Tranches

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