MFBs urged to consider bond issuance as funding alternative

MFBs urged to consider bond issuance as funding alternative

Microfinance Banks (MFBs) have been asked to consider issuance of bond as an alternative source of raising funds.   Stakeholders who gathered at the weekend at a seminar marking the 10th year anniversary of Accion Microfinance Bank believe that the N20 minimum capital requirement is not enough yo serve about 13 million customers of Microfinance…

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