Skye Bank Plc says it is committed to the growth and development of the Small and Medium Enterprises in the country.This, the bank said, led to the South-East edition of its SME seminar during which over 200 customers and business partners in the Micro, Small and Medium Enterprise sector gathered in Onitsha , Anambra State.
Themed, ‘’Nurturing businesses for growth’’, the bank described the seminar as part of its contributions towards developing the MSME sector of the economy.
A statement by the bank quoted the Regional Director, South East, Dr. Charles Udogu, as saying that the MSME sector was an important growth driver in any economy, warning key economic players in the nation’s polity not to neglect the sector.
Udogu said, “Having identified the gap in the SME sector, Skye Bank organised this seminar to bridge this gap through the Bank’s business seminar series.”
The Head, Small Business Group, Skye Bank, Mrs. Ayo Olojede, was quoted as saying that the bank was coming up with solutions that would help to minimise the cost of doing businesses for small business owners.
Olojede, however, warned, “If you want to access a loan, there are some simple but fundamental requirements the bank will expect – like a business plan, cash flow projections and basic business skills to determine the viability of the business and ways of partnering with customers to deliver value.’’
She said the seminar was organised to enlighten the bank’s customers on areas of cash management, cash flow and other areas of business operations, among other issues.
The Managing Director, Dilimson Holdings Limited, Mr. George Umobi, encouraged participants to confront challenges faced in the course of growing their businesses, charging them to seize the opportunity Skye Bank presented to them and make the best of it.
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