Match each specialized development bank in Nigeria with its core operational target.
- Bank of Agriculture (BOA)Financing agricultural projects and rural enterprises
- Federal Mortgage Bank of Nigeria (FMBN)Providing long-term credit for housing and real estate loans
- Nigerian Export-Import Bank (NEXIM)Promoting non-oil international trade through credit guarantees
- Bank of Industry (BOI)Funding large-scale industrial and manufacturing projects
Cevap
Bank of Agriculture matches with financing agricultural projects; Federal Mortgage Bank of Nigeria matches with providing housing loans; Nigerian Export-Import Bank matches with promoting non-oil export trade; Bank of Industry matches with funding industrial and manufacturing projects.
Each development bank in Nigeria was established with a specific sector-focused mandate: Bank of Agriculture supports agricultural growth, Federal Mortgage Bank of Nigeria supports housing facilities, Nigerian Export-Import Bank facilitates non-oil export trade, and Bank of Industry provides credit for industrial manufacturing.
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Anahtar Kavram
Specialized and Development Banks