Access Bank Signs $93.8m Syndicated Loan

Access Bank Plc, has announced the signing of a Subordinated Syndicated Loan Agreement worth $93.8 million with the Dutch development bank, FMO; the French private sector development bank, Proparco; and leading investment firm, Symbiotics. The tier-II capital facility was structured as a “10-year non-call five years” subordinated debt instrument, benefitting the bank for five years.…