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Can Nigerian Banks Give You Loans With Foreign Guarantees by kayjegs: 10:06am On Jun 16, 2009 |
I will like to ask if Nigerian banks can give loans of minimum of 5 million USD provided you have a foreign bank guarantee? If there is any banker here or any other person that knows about this, let me know on this forum or send me an email to kayjegs@yahoo.com. Thanks |
Re: Can Nigerian Banks Give You Loans With Foreign Guarantees by JJYOU: 10:15am On Jun 16, 2009 |
kayjegs:possible but mainly cash gaurantee and for a very viable venture. you will not likely get one for things like mortgage unless you know someone. what form of bank gaurantees do you have in mind? |
Re: Can Nigerian Banks Give You Loans With Foreign Guarantees by kayjegs: 11:18am On Jun 16, 2009 |
Thanks so much, the bank guarantee is in form of a bank instrument such as a Medium Term Notes, SBLCs (Standby Bank Letter of Credit) or PNs (Promissory Notes). The Bank Guarantee is issued by a Top 25 bank in the world. If any other person has a viable project and has a bank ready to fund it against a bank guarantee, I can help provide the Bank guarantee provided the bank is ready to loan you. However, the minimum funding is 5 million usd. |
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