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Afreximbank disburses $200m to Zenith Bank to cushion impact of Covid-19

Published by New Telegraph on Sun, 13 Sep 2020


African Export-Import Bank (Afreximbank) has disbursed $200 million to Zenith Bank Plc Nigeria under its Pandemic Trade Impact Mitigation Facility (PATIMFA). The funds will assist Zenith Bank to continue to maintain foreign currency trade flows impacted by the Covid-19 pandemic. They will also allow Zenith Bank to on-lend to eligible sub-borrowers involved in the manufacture []
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