Rand Merchant Bank Nigeria Launches N40bn Debt Programme to Bolster Liquidity
Rand Merchant Bank Nigeria (RMB Nigeria) has registered a N40 billion Multi-Instrument Issuance Programme through its funding vehicle, RMB Nigeria Issuance SPV. This innovative financing strategy aims to provide liquidity for strategic goals and long-term financial support.
Key Highlights:
• Lead Issuing House: Stanbic IBTC Capital.
• Joint Issuing House: RMB Nigeria.
• Instruments Covered: Bonds, commercial papers, promissory notes, and other debt or equity facilities under a single framework.
Objectives:
• Strengthen asset growth and liability management.
• Enable the issuance of structured notes and debt instruments.
• Provide long-term funding solutions for clients.
️ Statements from Leaders:
• Bayo Ajayi, CEO of RMB Nigeria:
“This programme enhances our capacity to support clients’ long-term financing needs, aligning with our strategic objectives.”
• Oyinda Akinyemi, Executive Director of Stanbic IBTC Capital:
“RMB Nigeria’s approach reflects global best practices in treasury management and financial innovation.”
Why It Matters:
This move positions RMB Nigeria to stay ahead of market trends and reinforces its commitment to Nigeria’s economic growth through innovative funding strategies.
Stay tuned for updates on how this programme will shape the financial landscape! ✨
Rand Merchant Bank Nigeria (RMB Nigeria) has registered a N40 billion Multi-Instrument Issuance Programme through its funding vehicle, RMB Nigeria Issuance SPV. This innovative financing strategy aims to provide liquidity for strategic goals and long-term financial support.
Key Highlights:
• Lead Issuing House: Stanbic IBTC Capital.
• Joint Issuing House: RMB Nigeria.
• Instruments Covered: Bonds, commercial papers, promissory notes, and other debt or equity facilities under a single framework.
Objectives:
• Strengthen asset growth and liability management.
• Enable the issuance of structured notes and debt instruments.
• Provide long-term funding solutions for clients.
️ Statements from Leaders:
• Bayo Ajayi, CEO of RMB Nigeria:
“This programme enhances our capacity to support clients’ long-term financing needs, aligning with our strategic objectives.”
• Oyinda Akinyemi, Executive Director of Stanbic IBTC Capital:
“RMB Nigeria’s approach reflects global best practices in treasury management and financial innovation.”
Why It Matters:
This move positions RMB Nigeria to stay ahead of market trends and reinforces its commitment to Nigeria’s economic growth through innovative funding strategies.
Stay tuned for updates on how this programme will shape the financial landscape! ✨