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Portfolio

Development Bank of Nigeria

Project Details

Commencement Date
22 December 2017
Participants
NSIA
DBN
State
Abuja

The Development Bank of Nigeria (DBN) is a wholesale finance institution that obtains funding from local and international capital markets and on-lends through commercial banks and restructured development banks to Micro, Small and Medium Scale Enterprises (MSMEs).

DBN has helped alleviate financing constraints faced by MSMEs and small corporates in Nigeria through the provision of financing and partial credit guarantees to eligible financial intermediaries on a market-confirming and fully financially sustainable basis.

A total of N322billion has been disbursed to MSMEs with a total of 233,974 MSMEs reached

Women empowerment initiative with N68billion disbursed to 156,407 women led MSMEs

PARTNERS

How the fund is invested

NA

Project Cost / Size:

NA

NSIA’s interest:

Equity

Funding structure

15

Investment areas

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