In a bid to foster positive business relationships, Fidelity Bank, a top commercial bank with strong knack for promoting businesses in Nigeria, makes concerted efforts aimed at collaborating with the private and public sectors.
In pursuant of this, the Executive Committee of the bank led by the Managing Director/CEO, Mrs. Nneka Onyeali-Ikpe, Friday, paid a courtesy visit to the Office of the Senate President of the Federal Republic of Nigeria, Senator (Dr.) Ahmad Ibrahim Lawan. The visit was to strengthen the existing relationship and to support government’s economic initiatives.
The Bank had in the past paid courtesy visits to industrialists and top government officials such as the Governors of Ogun State, Lagos State, Oyo State, Imo State and Osun State, as well as the Founder of BUA Group, Abdulsamad Rabiu.
The key lender Bank had also reaffirmed its commitment to enhancing the productivity and prosperity of Micro Small and Medium Enterprises (MSMEs) in the country by providing capacity building and advisory services, innovative funding options and other forms of relevant support that would significantly improve their overall contributions to national development.
Mrs. Onyeali-Ikpe had pointed out that SMEs which are businesses with less than N100m annual turnover, contribute about 48% of national GDP, account for 96% of businesses and 84% of employment in Nigeria. She noted that despite the significant contribution of SMEs to the Nigerian economy, challenges still persist that hinder the growth and development of the sector. Chief among these are funding, lack of infrastructure, poor management, low entrepreneurial skills, improper planning and poor digital skills, among others.
“We have a dedicated SME Desk with innovative products and services to assist businesses. Fidelity Bank, in partnership with various private and public institutions provides funding, business advisory services for all our customers,” she explained.
The visit to the Office of the Senate President is geared at not only strengthening relationship between the upper legislative arm and the bank, but also to share ideas on economic growth in the country.
