Union Bank of Nigeria has reiterated its commitment to providing easy access to capital for Small and Medium-sized Enterprises (SMEs) in the country to boost the growth and profitability of the sector.
At the 2023 edition of the ‘Top 100 Fastest Growing SMEs in Nigeria’ conference recently hosted by BusinessDay newspaper, the Area Business Executive of Union Bank, Gloria Omereonye shared insights on how SMEs can be supported to access finance.
Omereonye, who was in the Raising Finance for SMEs panel, said: “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”.
The well-attended conference, tagged ‘Accelerating growth for SMEs in an era of uncertainty,’ brought together industry experts, small business owners, policymakers, and other stakeholders in the sector to evaluate and spotlight the activities of SMEs in Nigeria.
It featured different panel sessions with discussions centered on many issues related to the development of SMEs in Nigeria.
Union Bank said it is pleased to continue to associate with the BusinessDay 100 SME Conference, a platform that seeks to showcase the contributions of small and medium-sized enterprises crucial to developing the Nigerian economy.
