FCMB Group Plc hereby notifies the Nigerian Stock Exchange (NSE) and its esteemed shareholders that one of its subsidiaries, First City Monument Bank Limited is undertaking a Commercial Paper Issuance under its N100 billion-naira CP programme.
The CP has a tenor of 260 days with the aim of raising up to N30 billion to support the Bank’s short-term funding needs.
The CP serves as an additional funding source for the Bank.