International Business Bank Togo and CNP Togo want to activate the guarantee line of the African Solidarity Fund

Economic governance
Monday, 11 April 2022 11:44
International Business Bank Togo and CNP Togo want to activate the guarantee line of the African Solidarity Fund

(Togo First) - Togo’s National Employers’ Council (CNP-Togo) and executives from the International Business Bank -Togo (IBB) want to activate the guarantee line of the African Solidarity Fund (ASF). The two parties discussed the matter last week, on April 6, in Lomé. 

IBB’s top management, which is for the move, is working with CNP-Togo on a memorandum of understanding that should define how the guarantee should be exploited.

On November 11, 2021, the BTCI became IBB after its purchase by IB Holding (July 2021) was sealed.

 Esaïe Edoh

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