Zimbabwe’s FBC Bank gets boost with syndicated loan

Region:

Middle East & Africa

Dominik Kloiber

Co-Founder at Exile Group

Zimbabwe’s FBC Bank (FBC) has received a significant boost in its liquidity profile with a $60 million loan arranged by a syndicate of local and international banks. The financing has been facilitated by the support of African Export-Import Bank (Afreximbank), which is providing a comprehensive guarantee.

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