Stanbic IBTC secures CNY800m loan with China Development Bank

By Peter Egwuatu Stanbic IBTC Bank, has announced the successful signing of a 3-year, CNY800 million term loan agreement with China Development Bank (CDB). The Bank in a statement, said: “This landmark facility, executed under the strategic collaboration framework between Standard Bank Group (SBG) and CDB, marks a significant milestone in deepening financial cooperation between Africa [...]The post Stanbic IBTC secures CNY800m loan with China Development Bank appeared first on Vanguard News.

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