October 18, 2017/FINCA Microfinance Bank Tanzania According to the 2014–2016 Tanzania National Financial Inclusion Framework the level of formal financial access in the rural areas of Tanzania is 8.5% compared to 23% in the urban areas and totally excluded rural population is 60% compared to 45% in urban areas. The […]
Money Market
Fitch Says Nigerian Bank Eurobonds a Step to Easing FC Maturity Gaps
17/10/2017/Fitch Ratings The return of Nigerian banks to the international bond markets marks a small step towards reducing maturity mismatches between foreign-currency (FC) assets and liabilities, Fitch Ratings says. This is credit positive as it lessens FC liquidity risk, but the impact will be modest as the new bond issuances […]
Ecobank CEO advocates Credit Guarantee Schemes to encourage lending to Nigerian MSME’s
October 17, 2017/ETI The Chief Executive Officer of Ecobank Transnational Incorporated, Ade Ayeyemi, is calling for the Nigerian Government to introduce Credit Guarantee Schemes for Micro, Small and Medium Enterprises (MSME) as a measure to hedge their risk. Reiterating that MSME’s are a fundamental part of the economic fabric in […]
