Afreximbank backs Titan Trust Bank’s acquisition with $300m intra-African investment finance facility
African Export Import Bank (Afreximbank) has announced the disbursement of a $300 million Intra-African Investment Financing Facility to Titan Trust Bank (TTB) to support its acquisition of a majority stake in Union Bank Plc, Nigeria (UBN). The deal will enhance the competitive dynamics of the Nigerian banking sector, while maintaining confidence in the country’s financial […]