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BoI’s intervention to creative industry hits N2bn

With seven projects presently accessing its facilities and another 10 at different stages of loan approval, the Bank of Industry (BoI) has unveiled plans to…

With seven projects presently accessing its facilities and another 10 at different stages of loan approval, the Bank of Industry (BoI) has unveiled plans to facilitate access of members of Nigerian Creative Industry to its facilities, as intervention  to the sector hits N2 billion.
Speaking during a visit to the set of a film by Kunle Afolayan, the managing director, BoI, Rasheed Olaoluwa, explained that the bank has restructured its operations to improve access to its services, adding that the peculiarity of each sector was considered for loan disbursements.
According to him, the bank has relaxed its criteria to access the facilities, adding that viable distribution channels were financed to aid loan repayment.

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