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- Haytham El Maayergi, Executive Vice President, Global Trade Bank, Afreximbank (left) and Mrs. Smangele Mandidi, Acting Managing Director of CBZ Bank during the signing ceremony (1)
- Haytham El Maayergi, Executive Vice President, Global Trade Bank, Afreximbank (left) and Mrs. Smangele Mandidi, Acting Managing Director of CBZ Bank during the signing ceremony (2)
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Afreximbank |
Afreximbank signs two deals totaling US$80 million for Zimbabwe’s CBZ Bank
The line of credit facility will strengthen financial intermediaries’ capacity to support SMEs through financing product and capacity building
In two deals signed at the recently concluded Afreximbank Annual Meetings, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is providing a US$60 million line of credit and a US$20 million Afreximbank Trade Facilitation Programme (AFTRAF) facility to CBZ Bank Limited, Zimbabwe’s largest bank. The line of credit facility will strengthen financial intermediaries’…
