Tag
CORONATION MERCHANT BANK
The business environment has witnessed a major shift heightened by the COVID-19 pandemic which has compelled organizations to...
Coronation Merchant Bank Funding SPV Plc has listed its Twenty-Five Billion Naira (N25Bn) Bond on Nigerian Exchange (NGX)...
...declares PBT of N5.784bn.
FMDQ Exchange has announced the admission of Coronation Merchant Bank Series 11 and 12 CP under its ₦100.00 billion CP Issuance Programme.
The global rating agency has affirmed the Bank’s Viability Rating (VR) at ‘b-’ and National Long-Term Rating at ‘BBB (nga)’.
The Bank was assigned a Long Term IDR of 'B-' with a Negative Outlook by Fitch.
…assures customers of its commitment to providing innovative solutions
Coronation Merchant Bank has continued to make giant strides in Trade financing.
A review of the Bank’s financial performance showed that as at 31 December 2019, the Bank’s gross loans and advances stood at ₦72.7 billion, representing a year-on-year increase of 33.9%.
IFC today announced a $40 million Trade Finance Guarantee facility to Coronation Merchant Bank under its Global Trade Finance Program.
Coronation Merchant Bank and IFC partnered to provide funds this resulted in both companies setting up an N14.4 billion Trade Finance Guarantee facility.
Coronation Merchant Bank has partnered with IFC to a launch a N14.4 billion Trade Finance Guarantee Facility to boost financing for local businesses.