CBN to reduce interest rate on N220bn MSMSE Fund - Vanguard News
The Acting Director, Development Finance Department of CBN, Mr Mudashir Olaitan, disclosed this at a workshop organised by the Nigeria Deposit Insurance Corporation (NDIC) for business editors and finance correspondents in Kashina.
Olaitan said that the CBN is passionately committed to the Fund, and is seeking for avenues to improve access to the fund, especially for participating financial institutions.
He said that the challenges confronting implementation of the Fund are low awareness and reluctance of financial institutions to participate in the Fund.
- See more at: http://www.vanguardngr.com/2014/12/cbn-reduce-interest-rate-n220bn-msmse-fund/#sthash.qykCtDaK.dpuf
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