Tuesday, April 20, 2021

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Development Bank dolls out N70bn to SMEs

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The Small and Medium Enterprises, SMEs focused bank, Development Bank of Nigeria, DBN, has disclosed that it had given N70 billion loans to over 50,000 businesses....

DBN rolls out N25bn on-lending to SMEs through GTB

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The Development Bank of Nigeria, DBN, has extended its Micro, Small and Medium Enterprises, MSME, funding by additional N25 billion in a partnership with...

SME Financing: DBN Joins SME Finance Forum

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The Development Bank of Nigeria (DBN) has joined SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development...

Wema Bank, DBN to Fund MSMEs

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Wema Bank Plc said it has entered into partnerships with Development Bank of Nigeria (DBN) to improve access to cheaper funds for small businesses...

10,000 Small Businesses To Receive Loans From DBN/ LAPO Partnership

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The Development Bank of Nigeria Plc (DBN), a wholesale development finance institution in Nigeria, is partnering LAPO Microfinance Bank Limited to provide lending to...

DBN Adopts Germany’s KFW Model of SMEs Financing

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The Development Bank of Nigeria (DBN) has adopted the KFW Development Bank of Germany's model of financing the Small and Medium enterprises sector, SMEs. The...

African Development Bank Injects $450m to DBN for on-lending to MSMEs

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The African Development Bank, ADB, has injected $450 million to the Development Bank of Nigeria, DBN, for on-lending to Micro Small and Medium Enterprises,...