Earlier this year, Ecobank Nigeria launched SME Club to offer business support, products and services to Small and Medium-sized Enterprises in Nigeria with a view to adding value to Small businesses through information sharing, networking and capacity building.
Ecobank, through its partnership with Enterprise Development Center (EDC) is determined to fulfill its objective of contributing to the economic development and financial integration of Africa. The management of the bank realises that there is no better way to grow Africa and her component countries other than by empowering SMEs, which in a positive context are known as engine of growth.
Come November 19, 2015, Ecobank will host a Regional Network session which will on one hand facilitate capacity development, Business to Business (B2B) engagements and accelerated growth of Nigerian SMEs; and on the other hand, equip the SME club members to warm up to economic growth for transformation of the country.
Meanwhile, Ecobank is also resolved to be at the apex of providing banking services to SMEs. This will resonate with KPMG/EDC’s recent comprehensive survey that was carried out in Nigeria between November, 2013 and March, 2014. The respondent SMEs were selected across the nations’ business/market hubs. The survey report showed that 10% of SMEs in the market are being financed by Ecobank Nigeria and that 18% of them transact their business with the bank. The survey ranked Ecobank Nigeria as the 3rd and 4th place respectively amongst 18 banks that were surveyed.
The Ecobank SME Club Regional Network session will hold at the Civic Centre, Ozumba Mbadiwe Avenue, at 10am in November.
A previous statement by the bank affirmed that the SME Club also offers VIP lounge; priority access to banking services; Ecobank Webmall, the pan-African online shop; Ecobank Omni; the pan-African corporate online banking platform and partner benefits.
Ecobank will continue to contribute to the economic development and financial integration of Africa by empowering SMEs, fully cognizant of their impact and contributions to the growth of the Nigerian economy.