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Gabon, sao tomé
In Nigeria, Zenith Bank operates in all the country’s large cities. It offers services to both private and business customers. Proparco’s renewed support will allow the bank to continue its development.
Client presentation
Zenith Bank is a leading bank set up in 1990. With over 500 commercial branches and agencies nationwide, the bank operates in all the large cities and urban centers in Nigeria. Zenith Bank offers a wide range of products and solutions to companies, private customers, as well as merchant and investment banking services.
Project description
This operation follows on from the partnership initiated between Proparco and Zenith Bank in 2006. It is Proparco’s fourth loan to the Nigerian bank. This financing will allow Zenith Bank to continue developing its activity.
Project impact
This operation will promote long-term investments in Nigeria. It will help increase the volume and quality of the range of banking products in the country. By meeting the financial needs of the private sector, it contributes to creating jobs and to the economic development of the country.
11/12/2013
Date of signature of the project
Nigeria
Location
Financing tool
36 255 529 Euros
Amount of funding
Loan of USD 50 M
Financing details
ZENITH BANK PLC
Client