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.

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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.

Athletics likely to go solo at Olympics

Amidst BFA fights, Sebego raises hand for presidency

Chiefs puzzled by docking of points

Fitness trainer, Zongwane breaks barriers

Khawa dangles largest payout

Ex-badminton official maintains innocence

Kwa Nokeng Oil sponsors young biker with P120,000

Kwa Nokeng Oil sponsors young biker with P120,000

Routine child vaccination imperative