Fidelity Bank Signs $50m Financing Agreement For MSMEs With AfDB – SEE PHOTOS

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Deputy Managing Director, Fidelity Bank Plc, Mohammed Balarabe (L) and Senior Director, African Development Bank (AfDB), Ebrima Faal (R), during the formal signing ceremony of $50M line credit between Fidelity Bank Plc and African Development Bank (AfDB) in Abuja on Tuesday.

One of the foremost new generation banks in Nigeria, Fidelity Bank Plc signed a $50 million facility with the African Development Bank (AfDB) for the growth of Micro Small and Medium Enterprises (MSMEs) in Nigeria.

The $50 million facility is designed to boost Fidelity bank’s capacity to promote the growth of the micro, small and medium enterprises (MSMEs) segment of the economy.

The Fidelity Bank team led by the DMD, Mohammed Balarabe was at the AfDB Office in Abuja today for the formal signing ceremony of $50M line credit between Fidelity Bank Plc and African Development Bank (AfDB)
See the formal ceremony of the signing of the facility in photos below at the AfDB office today, Wednesday, May 8, 2019:
Towards the Growth of SMEs

 Deputy Managing Director, Fidelity Bank Plc, Mohammed Balarabe (L) and Senior Director, African Development Bank (AfDB), Ebrima Faal (R), exchange a signed MoU during the formal signing ceremony of $50M line credit between Fidelity Bank Plc and African Development Bank (AfDB) in Abuja on Tuesday.

 

Towards the Growth of SMEs

Deputy Managing Director, Fidelity Bank Plc, Mohammed Balarabe (L) and Senior Director, African Development Bank (AfDB), Ebrima Faal (R), during the formal signing ceremony of $50M line credit between Fidelity Bank Plc and African Development Bank (AfDB) in Abuja on Tuesday.

Towards the Growth of SMEs

Akin Babalola, Treasurer, Fidelity Bank Plc; Osaigbovo Omorogbe, Divisional Head, Managed SMEs; Deputy Managing Director, Fidelity Bank Plc, Mohammed Balarabe; Senior Director, African Development Bank (AfDB), Ebrima Faal, and Olamide Ladipo, Team Member, Treasury, Fidelity Bank Plc, after the formal signing ceremony of $50M line credit between Fidelity Bank Plc and African Development Bank (AfDB) in Abuja on Tuesday.

 

www.sojworld.com (c) May 8, 2019

 

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