Ecobank Steps Up Support For SMEs

Ecobank Nigeria is making do with its commitment to be the leading Small and Medium Enterprises (SME) friendly and supporting bank in the country.

According to the head of SME and Value Chain Banking, Ecobank Nigeria, Mr Sunkanmi Olowo, said that the bank has recently engaged in various initiatives targeted at increasing fund and support for the SME sub-sector.

He stated that Ecobank  has recognised SMEs as the engine room of the nation’s economic growth, hence it would continue to support the sub-sector.

The aim of the Ecobank SME Club is to provide preferential business support and tailored products, hence, creating  a platform for adding value to SMEs through information mining, networking, and capacity building.

 “The benefits of the SME Club to customers are numerous. It offers business/capacity development and technical assistance, provides business, accounting, tax, legal and other services and platforms, B2B linkage across Africa, access to market information, economic updates, exchange rate information, international markets and finance, online marketing/sales (24/7), active support from government backed organisations and quarterly working sessions led by experts,” he said.