Burkina: ITFC and Coris Bank approve €20 million for SMEs
Idrissa Nassa’s group will serve as a channel for distributing funds from the Islamic finance institution.
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▪ Burkina: ITFC and Coris Bank approve €20 million for SMEs
▪ Idrissa Nassa’s group will serve as a channel for distributing funds from the Islamic finance institution.
▪ https://www.africabusinessplus.com/en/808264/burkina-itfc-and-coris-bank-approve-e20-million-for-smes/
A €20 million deal was recently signed between the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB) group, and Coris Bank International (CBI), the banking group founded by tycoon Idrissa Nassa. The transaction aims to facilitate credit for SMEs in the country, a segment still underestimated by local banks.
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