Access Bank Pay Out Loans to Health Sector.
Access Bank PLC has commenced disbursement of loans through the Central Bank of Nigeria (CBN) credit support scheme to ramp up capacity of pharmaceutical and healthcare industries.
It said the move was also to support the nation’s efforts to tackle coronavirus.
The loan scheme is part of a six-point palliative by the Central Bank of Nigeria (CBN) of which Access Bank is a participating financial institute (PFI).
It was developed to provide funding to indigenous pharmaceutical companies and other organisations in the healthcare value chain, enabling them to increase capacity to meet the increasing demand for healthcare arising from the pandemic.
Access Bank’s Group Managing Director, Herbert Wigwe, had reassured of the Bank’s commitment to do everything in its power to address needs of the nation in these uncertain times.
“It has become clear to all and sundry that Nigeria’s healthcare sector is in dire need of revitalization and Access Bank, under the auspices of the Central Bank of Nigeria, will be investing heavily in this sector in the coming months.