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Central Bank of Nigeria

N200 Billion Intervention Fund for Re-financing and Restructuring of Banks Loans to the Manufacturing Sector

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Author
Central Bank of Nigeria
Year
2010
Pages
7 pages

These Guidelines establish a Central Bank of Nigeria intervention fund administered by the Bank of Industry to refinance and restructure existing bank loans to Nigerian manufacturing and SME businesses. They define eligible manufacturers, borrowers, participating banks, loan facilities, funding limits, interest rates, tenors, collateral requirements,…

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