CREDICORP, NGGCL sign risk-sharing deal to expand consumer credit for Nigerians

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CREDICORP and Nigeria's National Credit Guarantee Company Limited have signed a Memorandum of Understanding to share risks and expand consumer credit access in Nigeria. The partnership aims to enhance lending availability for qualified Nigerians, fostering economic inclusion.

The Nigerian Consumer Credit Corporation (CREDICORP) and the National Credit Guarantee Company Limited (NCGCL) have signed a Memorandum of Understanding (MoU) to establish a risk-sharing partnership aimed at expanding access to consumer credit for qualified Nigerians. This was disclosed in a statement released by the CREDICORP on Friday. The agreement is designed to reduce lending […] The post CREDICORP, NGGCL sign risk-sharing deal to expand consumer credit for Nigerians appeared first on Nairametrics.