NBS Bank gets over K11 billion AfDB guarantee for SMEs

NBS Bank will get a $7 million (approximately K11,785,172,000.00) Trade Finance Transaction Guarantee facility from the African Development Bank (AfDB) Group to support small businesses in Malawi. This follows the AfDB Board of Directors’ approval on December 4, 2023. Trade Guarantee is one of the trade finance instruments offered by AfDB  to support local banks in […]

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