First City Monument Bank (FCMB) said it has organised programme in a series of free training interventions in its impact planning project for small and medium business owners and operators. The bank in a statement said this is in pursuit of the lender’s resolve to support and nurture small and medium enterprises to achieve growth and stability in business. According to the FCMB, an integral aspect of the bank’s agenda towards the nation’s economic development, the lender re-assured its customers it would sustain the tempo of support to existing and upcoming SMEs through increased lending, capacity building, free advisory, value-added products, as well as providing them services capable of increasing overall performance in business.
At the event which held in Lagos, tagged “Business Empowerment and Sustainability Training for SME Customers”, the bank focused on budgeting, cost and budget management. Facilitators also took participants through the intricacies of raising capital for business and getting businesses ready for loans as well as preparing them for other investors’ invitation in partnership. Addressing the participating SME customers of the bank, divisional head, Corporate Services, FCMB, Felicia Obozuwa, said the bank recognised the role of entrepreneurs in the society and their capacity in driving growth and sustaining the economy.
She added, “this is one of the ways we support the growth of our SME customers. We are conscious of the fact that many small businesses could have the dedication to succeed, but lack adequate training and experience to make the business thrive. “This gap is capable of hindering operation and thereby limiting the achievement of targeted results. Business acumen and day to day operational skills are very essential for business owners particularly when venturing into new or sustaining already existing businesses.” According to her, our training programmes are specially packaged for the SMEs to establish solid foundations for growth, learn new skills, better serve their customers, and stay relevant to their niche.
First City Monument Bank has a number of special offerings designed for its customers with a lot of benefits to the SMEs segment of the Business community. Also, the Head, Training Academy of FCMB, Mr. Sola Oyegbade noted that the Academy was well-positioned to offer excellent learning solutions with high impact and positive results on businesses, not just for the bank’s workforce but others who desire its services, having been certified and granted full accreditation status by the Chartered Institute of Bankers of Nigeria (CIBN).