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Linda Larbie's Blog Posts Tagged 'IFC' (1)

IFC and IFC ALAC Fund Invest in First Bank of Nigeria to Support Nigeria’s Banking Sector

IFC, a member of the World Bank Group, and IFC Asset Management Company today announced a $100 million investment in First Bank of Nigeria that will provide the bank with long-term capital. IFC’s investment is part of its strategy to support Nigeria’s reform efforts.

IFC is encouraged by the financial sector reform policies that have stabilized the banking sector and positioned it for solid expansion in the future. First Bank of Nigeria is well positioned to realize strong profitable… Continue

Added by Linda Larbie on August 2, 2010 at 3:35pm — No Comments

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