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Jaiz Bank, others secure $50m for SMEs financing – Daily Trust
Jaiz Bank, Wema Bank and SunTrust Bank yesterday signed a Memorandum of Understanding (MoU) and secured a $50 million from Islamic Corporation for the Development of the Private Sector (ICD) for lending to small and medium scale business on profit sharing basis instead of the normal banking interest based system.ADVERTISEMENT The signing ceremony was held …