FCMB Group Plc ("FCMB") hereby notifies the Nigerian Stock Exchange ("NSE") and its esteemed shareholders that one of its subsidiaries, First City Monument Bank Limited (the Bank) is undertaking its inaugural Commercial Paper Issuance ("CP") under its N100 billion-naira CP programme.
The CP has a tenor of 269 days with the aim of raising up to N20 billion to support the Bankâ€™s short-term funding needs.
The CP serves as an additional funding source for the Bank.
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