Feb 20 (Lagos) - Sterling Bank Plc (
STERLNBANK ) has reported that it signed two credit facility agreements in Cairo with BADEA to receive $65 million to finance private projects ($15 million) and fund imports from arab nations to Africa (50 million).
The details like the interest rate on the credit facilities was not disclosed by the Bank.
Shares of
STERLNBANK currently trade at N 2.39 per unit at the Nigerian Stock Exchange in Lagos.
reporting for easykobo.com on Wednesday, Feb 20 2019 from Lagos, Nigeria