Nigeria: Nexim Bank Rated Best Performing African Development Finance Institution

27 January 2014

The ongoing reforms at the nation's trade policy bank, the Nigerian Export Import Bank has earned it a continental award as the Association of African Development Finance Institutions (AADFI) has rated the Nigerian Export-Import Bank- NEXIM as 'Best Performing African DFI.'

The decision according to the association was an outcome of the '2013 Annual AADFI CEOs Forum of African Development Banks and Finance Institutions' on the theme "Strengthening African DFIs with Appropriate Standards and Guidelines: 3rd Peer Review & Rating of African DFIs" held at the Serena Beach Hotel & Spa, Mombasa Republic of Kenya from 13-15 November, 2013. The Forum marked the conduct of the 3rd Peer Review of DFIs with the AADFI Prudential Standards, Guidelines and Rating System (PSGRS).

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