BancABC secures Eurobank millions for local companies

Wednesday, December 03, 2014

Pim Van Balleckom, European Investment Bank vice President and BancABC MD, Jitto Kurian during the signing of the multi- million Pula deal in Gaborone. PIC KEBOFHE MATHE

BancABC has secured a 25 million Euros (P290 million) deal with the European Investment Bank (EIB) to fund local companies.

The money will be used as loans that will finance the banks’ corporate banking and SME operations.

Speaking during the signing ceremony yesterday, BancABC managing director, Jito Kurian said the loans are meant to assist businesses to expand their operations.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

(L-R). Kagiso Molatlhwa. Olebile Machete and Morena Monganja addressing the media on constitutional amendment PIC: KENNEDY RAMOKONE

Civil Society fights 'flawed' constitutional amendment

Innocent Selatlhwa | 1d ago

Civil Society calls for Constitution review governing Act

Innocent Selatlhwa | 1d ago

IEC rejects 2,513 registrations

Innocent Selatlhwa | 1d ago

Motshegwa prevails against detractors

Goitsemodimo Kaelo | 1d ago

Serowe woman ingests acid, attempts suicide

Pini Bothoko | 1d ago

Serowe man 'loses' P1m in crypto trading

Pini Bothoko | 1d ago

MultiChoice appoints Johnson Otlaadisa to the role of Production Supervisor for Mzansi Bioskop Local Film Project

Staff Writer | 1d ago

Grieving individuals urged to seek support

Boikanyo Mathonsi | 1d ago

Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

The Monitor Editor | 23 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

BancABC secures Eurobank millions for local companies

BancABC has secured a 25 million Euros (P290 million) deal with the European Investment Bank (EIB) to fund local companies.