Coris Bank grants 4 billion CFA francs to two Burkinabè textile firms
By the AFREEQUE newsroom, based on Burkina 24
Coris Bank International has granted two credit lines of 2 billion CFA francs each to Black Mode 226 and Pallium Group, totalling 4 billion. Signed on 13 October in Ouagadougou, the agreements are intended to boost production and growth at the Burkinabè textile companies, reports Burkina 24.
Coris Bank International SA signed two financing agreements worth a total of 4 billion CFA francs with Black Mode 226 and Pallium Group, two Burkinabè textile companies, in Ouagadougou on 13 October, according to Burkina 24.
Each company will receive a 2 billion CFA franc credit line to support its activities and strengthen its production capacity. The financing is also intended to help both companies seize new opportunities, as part of efforts to support the national textile industry and consumption of local products.
Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
