Liberia: LBDI, IFC Sign U.S.$2m MoU

31 January 2007

Liberia Bank for Development & Investment (LBDI) and the International Finance Cooperation (IFC) when both institutions signed a US$2 million Memorandum of Understanding (MOU) in Monrovia.

The agreement, which was signed at LBDI Central Offices in Monrovia, is under the International Finance Cooperation (IFC) Global Trade Finance Program (GTFP) intended to create opportunity for LBDI to open letter of credits with guarantee from the IFC.

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