AfDB, European Bank stake $70m in DBN to drive SMEs—Okpanachi
Less than one year of its takeoff, the Development Bank of Nigeria (DBN) has attracted cooperation and investments from two leading international finance organizations and partnerships of more commercial banks in Nigeria in the encouragement of Small and Medium Enterprises…
DBN unveils credit strategy, seeks financial input from European Investment Bank (EIB)
Managing Director of Development Bank of Nigeria (DBN), Tony Okpanachi, has opened up on the loan delivery strategy the bank will use to grow Small and medium Enterprises (SMEs) within the first two years. This is the new bank which…
Confusion as DBN set to clash with BoI’s activities, targets 20,000 MSMEs in first year
Just as the Bank of Industry (BoI) since the beginning of this has been growing the consolidation of Small and Medium Enterprises (SMEs) via loans, training and grants, the newly licensed Development Bank of Nigeria (DBN) will finance about 20,000…
