Business
FBN Organises Training For SMEs’ Operators
Concerned about the
growth of Small and Medium Scale Enterprises (SME), in the country, the First Bank of Nigeria (FBN),has said that it would soon organise training for SMEs, operators.
The Bank Manager, Consumer Segment, Mr Akinfolarin Oluwafemi also said that the move was part of the bank’s effort to build capacity among SMEs.
Oluwafemi who was speaking during the bank’s product fair, said the move would contribute to the growth of the country’s Gross Domestic Product as SMEs employ the biggest number of workers in any economy in the world.
He noted that the industry would soon start holding SME seminars across Nigeria before May 2014, adding that the SMEs operators would be trained on how to develop their strategy.
The manager said the operators would also be trained on how to access finance and structure their company in a way that “you will have books that you can take to the bank and be able to access finance.”
He also added that the bank will soon launch a system that would enable her customers access loans without collateral.
The financial boss however, posited that customers wishing to access the said loan would undergo psychometric test to enable them access credit without collateral.