Fidelity Bank Reiterates Support For SMEs, Give N2.3bn Facilities
Fidelity Bank Plc has pledged its commitment to help Small and Medium Scale Enterprises (SME) in Nigeria to grow, particularly the South East even as it said it has so far given out N2.3 billion to small businesses as loans.
Managing Director and Chief Executive of the bank, Nnamdi Okonkwo speaking at Fidelity Bank’s customer fora, expressed happiness over the level of support and patronage given the , saying the bank also needs to reciprocate by supporting them with finance to grow their businesses
The bank flagged off its nationwide customer engagement programme themed; ‘Connecting with you’ with the twin events in Owerri and Onitsha in the South Eastern part of the country. Noting that Fidelity Bank has so far disbursed a total of N2.3 billion to 102 customers to support their businesses, he assured that the loans are doing well.
Consequently he planned to hold a much more detailed educative session with businesses and entrepreneurs to help them grow their export businesses as way of diversifying and solving their foreign exchange challenges.
“Our people are entrepreneurial in nature and there are plenty of small businesses all over the place. Some have export ideas, but the documentations involved they do not know. We are going to provide a more structured access to quality information that can help your business” he said to them.
“What we appeal to people is to ensure they always pay back when they receive loans from the bank, so far, our loans are doing well and we do not have incidences of bad loan,” he stated.
Chairman, Board of Directors of the bank, Mr. Ernest Ebi on his part said Fidelity Bank has over the years become a bank that cannot be ignored by any serious business concern, and has remained true to helping its customers break new frontiers in business.
“We are here to connect with our customers, and to let them know that we do not take them for granted, and that we are ready to help them out with their businesses.”
The bank’s Executive Director, South, Mrs. Aku Odinkemelu who said the bank placed a lot premium on its customers hence the decision to bring executive management and board to meet directly with them with the customer fora. “We don’t take you our customers for granted. We value your feedback and will use this unique opportunity of engaging directly with you to organize to serve you better” she promised.
