MONROVIA, LIBERIA (Ebenezer Seigbeh Reports)-The Liberia Bank for Development and Investment (LBDI) has forged partnership with the Loita Capital Partners International.
As part of the partnership, the two Institutions have opened the first investment banking unit in Liberia.
The President of the LBDI, John Davies said the initiative will generate the market by inter-mediating between providers of capital and persons in need to increase investment opportunities.
Mr. Davies said it is the Bank’s way of assisting to stabilize and make Liberia’s economy attractive to potential investors wanting to establish their presence in the West African market.
In remarks, the Chairman and Chief Executive Officer of Loita, Justin Chinyanta, said the Entity will collaborate with the various banks in Liberia to create conducive platforms for innovative financial solutions.