Bank & Insurance
Investors are flocking to NSIA Banque Côte d’Ivoire’s (Jean Kacou Diagou) securitisation fund

Investors are flocking to NSIA Banque Côte d’Ivoire’s (Jean Kacou Diagou) securitisation fund

By transferring €61 million in healthy debt next month to investors on the stock market, NSIA hopes to free up funds that should help finance the development of small- and medium-sized businesses in Côte d’Ivoire. According to our sources, there are already buyers for more than half of all the securities.

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            ▪ Investors are flocking to NSIA Banque Côte d’Ivoire’s (Jean Kacou Diagou) securitisation fund

▪ By transferring €61 million in healthy debt next month to investors on the stock market, NSIA hopes to free up funds that should help finance the development of small- and medium-sized businesses in Côte d’Ivoire. According to our sources, there are already buyers for more than half of all the securities.

http://www.jeuneafriquebusinessplus.com/en/802990/investors-are-flocking-to-nsia-banque-cote-divoires-jean-kacou-diagou-securitisation-fund/

13/02/2020 at 17h51, by Tarik Bargal

Since the subscriptions were opened up on 7 February, appetite for securities has been encouraging “from both institutional and private investors, which should help us reach our target amount by 6 March [the subscription closing date],” explains Eliane Alangba, Deputy CEO of the investment syndicate NSIA finance, to Jeune Afrique Business+.

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