Nigerian Bank åö Intercontinental Bank Plc has acquired CITI Savings and Loans Ltd, a microfinance institution (MFI) and transformed it into a bank. The bank will be known as Intercontinental Bank Ghana Ltd, Ghana’s 25th bank. The bank has announced its intent to use this institution to expand microfinance operations in Ghana.
Continue reading “Intercontinental Bank Plc of Nigeria Plans Microfinance in Ghana”Similar Posts:
- MICROCAPITAL BRIEF: Yabx Raising Equity to Expand Backoffice Fintech for Financial Inclusion in Nigeria
- MICROCAPITAL BRIEF: Baobab+, TradeLenda Partner on Solar Energy Solutions for SMEs in Nigeria
- MICROCAPITAL BRIEF: DEG Loans Husk Power $750k for Solar Microgrids in Nigeria, India
- MICROCAPITAL BRIEF: Regulator Licenses ADIB Egypt to Open Shariah-compliant Subsidiary, ADI Microfinance
- MICROCAPITAL BRIEF: Credit Café Africa, Sterling Bank Partner on $22m in Loans for Providers of Health, Education in Nigeria
