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I Need To Know - Business - Nairaland

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I Need To Know by darrellg9: 10:54pm On Nov 13, 2013
I have been seeking finance for a project for some time and recently a company showed strong willingness to avail my company the finance thus need upon my company providing a bank guarantee..I have gone to my bank which is a micro finance bank...upon my bank agreeing..this company is saying their bank will accept a bank guarantee from a like bank of their status...pls I want to know if there is any central bank policy that says a micro finance bank cannot provide a payment guarantee to a commercial bank?

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