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FMO arranges $162.5m syndicated loan for Access Bank

Access Bank

Access Bank plc on Monday announced that it has signed a subordinated syndicated loan agreement totalling $162.5 million with FMO, the Dutch development bank. The facility will qualify as Tier-II capital, which will enable Access Bank to roll out its five-year strategy of becoming Africa’s gateway to the world. Part of that strategy is also…

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