June 28, 2017 7:55 PM ET

Diversified Financial Services

Company Overview of Bank of Industry Limited

Company Overview

Bank of Industry Limited offers financial support and loans for development of industries in Nigeria. The company provides financial assistance for establishment of large, medium, and small projects; expansion, diversification, and modernization of existing enterprises; and rehabilitation of ailing companies. Additionally, it offers advisory services. The company was formerly known as Nigerian Industrial Development Bank Limited and changed its name in October 2001. Bank of Industry Limited was incorporated in 1964 and is headquartered in Lagos, Nigeria.

23, Marina

P.O.BOX 2357

Lagos,  

Nigeria

Founded in 1964

Phone:

234 1 2715 070 99

Fax:

234 1 2705081

Key Executives for Bank of Industry Limited

Chief Executive Officer, Acting Managing Director and Executive Director
Executive Director
Executive Director
General Manager
General Manager
Compensation as of Fiscal Year 2016.

Bank of Industry Limited Key Developments

Aliko Dangote In Bid For Peugeot Deal

Aliko Dangote has made a bid for a majority stake in Peugeot Automobile of Nigeria Ltd. from AMCON, Inc. The consortium is made up of Aliko Dangote, Kaduna and Kebbi states, as well as the Bank of Industry Limited. “We have submitted bids for the car-maker with Aliko Dangote on board together with BoI, Kebbi and Kaduna State, we are confident our bid will sail through,” El-Rufai told a conference, without providing further details.

Bank of Industry Unveils N1 Billion Fund

Bank of Industry (BoI), has unveiled a N1 billion fund to support Nigeria's fashion industry, to further deepen its market penetration and intervention to specific SME clusters. According to the bank, the move is designed to ensure that Nigeria's fashion industry takes a share of the $1 trillion global market through a cluster intervention that will see the industry increasing their production volumes and quality, thereby making them more competitive in both domestic and international markets. Besides, the bank disclosed plans to support production hubs set-up by fashion designers in the country as part of efforts to ensure encourage mass production of made-in-Nigeria apparels, brands and designs.

Similar Private Companies By Industry

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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