Tanzanian commercial bank NMB Bank signs $11 million guarantee agreement with Dutch FMO
(Ecofin Agency) – After granting a $125 million syndicated credit facility to NMB Bank Tanzania, the Dutch institution FMO is setting up a guarantee that will cover the Tanzanian bank’s loans to underserved SMEs and perceived as too risky by banks. The Dutch development finance institution, FMO, announced on Friday 24 February the setting up … Read more