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Image header Agence Europe
Europe Daily Bulletin No. 8117
Contents Publication in full By article 30 / 47
GENERAL NEWS / (eu) eu/eib

EUR 9 million for the Ghanaian leasing industry

Brussels, 19/12/2001 (Agence Europe) - The European Investment Bank (EIB) is awarding an EUR 9 million risk from risk capital resources for medium-term funding of the leasing sector in Ghana. The money will be used to buy material for industry, agri-food, mines, transport, tourism and possibly also small leasing operations. The leasing companies involved are Leasafric Ghana Ltd, General Leasing & Finance Company Ltd and Ghana Leasing Company Ltd. The EIB believes the loan will help make the financial market more effective by encouraging competition in the Ghana leasing company sector and extending the range of financial products supplied to investors.

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