E cobank Nigeria Limited yesterday promised to provide improved access to credit and markets to its customers, especially Small and Medium Enterprises (SMEs).
Its outgoing Managing Director/CEO, Charles Kie, said SMEs are seen as the backbone of national economy and Ecobank has great role to play to support them.
“As a leadership institution, we have responsibility to provide solutions to SMEs and local corporates. We have capacity to give SMEs and local corporates a helping hand as they grow to become big corporates. We want to be very close and dear to their businesses. We will be there to support them anytime they need us,” Kie said.
He said the bank wants to bond with its customers, giving them access to markets, finance and development partners such as the Bank of Industry (BoI), adding that the launch of Emerald Business Club will help the lender achieve the objectives.
According to Kie, the bank wants to position SMEs to compete globally adding that there is a huge market in the global space.
“We have over 19 million customers. The Emerald Business Club allows us to mentor the customers. Every restaurant operator, barbing saloon, among others are welcome to join the club.
“It is with great pleasure that I wish to welcome you to the official launch of Ecobank Nigeria Emerald Business Club. This is an exclusive product for our Key Local Corporate and SME Clients. This is founded on our long term commitment to support Indigenous Businesses within the country and in line with Ecobank‘s Vision – “to contribute to the economic development and financial integration of Africa”.
He said the bank recognises the need for Nigeria and Africa as a whole to grow organically hence its drive to contribute is quota as a bank in developing the economy through the provision of sustainable banking products and services that are needed to help business to grow.
He said: “For this reason, we have resolved to expand our scope in our Commercial Banking Businesses and have designed a wide range of products specifically tailored to meet the needs of target customers (largely local corporate, SMEs and Key Public Sector participants. We have also developed a number of initiatives to support trade business and lending to our target customers. We are willing to work with the peculiarities of each customer’s business so as to grow the economy. In the same vein, The Emerald Business Club is being proposed as an […]