
Central Bank of Nigeria
N200 Billion Intervention Fund for Re-financing and Restructuring of Banks Loans to the Manufacturing Sector
- 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,…