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Coronation MB to raise N15b Commercial Paper

Coronation Merchant Bank Limited is seeking to raise up to  N15 billion Series 9 and Series 10 Commercial Paper under its N100.0 billion Commercial Paper Programme. The fund is to enable the merchant banksupport its short term funding requirements.

Coronation Merchant Bank is a Private Limited Liability Company duly licensed by the Central Bank of Nigeria as a Merchant Bank in Nigeria. The Bank, a well-recognized brand and “A” rated entity, has consistently delivered strong financial performance, with its asset base and shareholders’ funds at ₦253.4 billion and ₦34.6 billion respectively, as at 31 December 2019

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