Business
Union Bank vows to improve small business access to capital at BusinessDay 100 SME Conference.
Union Bank vows to improve small business access to capital at the BusinessDay 100 SME Conference.
Lagos, Nigeria The foremost financial institution, Union Bank of Nigeria, has reiterated its commitment to providing easy access to capital for small and medium-sized enterprises in the country to boost the growth and profitability of the sector.
This claim was made at the recent Business Day newspaper-hosted 2023 edition of the ‘Top 100 Fastest Growing SMEs in Nigeria’ conference.
The event, ‘Accelerating growth for SMEs in an era of uncertainty,’ brought together industry experts, small business owners, policymakers, and other stakeholders in the SME sector to evaluate and spotlight the activities of SMEs in Nigeria.
The well-attended conference included different panel sessions with discussions centered on many issues related to the development of SMEs in Nigeria.
Gloria Omereonye, Area Business Executive, Union Bank, spoke at the Raising Finance for SMEs panel about how SMEs can be helped to access finance.
According to her:
“Access to timely and adequate capital is a major need for small businesses. Creating hassle-free, seamless, and technologically innovative processes for SMEs to receive loans is a big relief for businesses looking to develop and grow their enterprises quickly. At Union Bank, we are always keen to collaborate and support entrepreneurs looking to scale up their small ventures.”
Union Bank is pleased to continue to associate with the Business Day 100 SME Conference, a platform that seeks to showcase the contributions of small and medium-sized enterprises crucial to developing the Nigerian economy.
About Union Bank Plc:
Established in 1917 and listed on the Nigerian Stock Exchange in 1971, Union Bank of Nigeria Plc. is a household name and one of Nigeria’s longest-standing and most respected financial institutions. The Bank is a trusted and recognisable brand with an extensive network of over 300 branches across Nigeria.
The bank currently offers a variety of banking services to both individual and corporate clients, including current, savings, and deposit account services; fund transfers; foreign currency domicile; loans; overdrafts; equipment leasing; and trade finance.
The bank also offers customers convenient electronic banking channels and products, including online banking, mobile banking, debit cards, ATMs, and POS systems.
