Stanbic IBTC Bank Expands SME Capacity Building Initiative

Stanbic IBTC Bank has announced the expansion of the scope of its capacity building workshop for small and medium scale enterprises (SMEs).

A statement from the bank explained that in two days in August, the sessions will hold in eight cities across the country.

They are Abuja, Ibadan, Kano, Lagos, and Onitsha. Others are Port Harcourt, Aba and Enugu. While the event will hold simultaneously in Abuja, Ibadan, Kano, Lagos, Port Harcourt and Aba on August 9, it will be the turn of Onitsha and Enugu on August 10.

The Executive Director, Personal and Business Banking, Babatunde Macaulay, said the course content and resource persons, who are experts in manpower development, have been carefully chosen to ensure participants derive maximum benefits from the seminar.

“We have streamlined the seminar course content to include essential topics such as Book Keeping and Financial Management; Operational Ef- ficiency; Customer Relationship Management and State of the Nigerian Economy. The seminar is a unique offering by Stanbic IBTC Bank to develop and sharpen participants’ business skills,” Macaulay said.

“Our key mandate of financial intermediation ensures that we are mindful of providing the right support and solutions for individuals and businesses to achieve their goals. Stanbic IBTC boasts of highly trained and motivated staff that have expertise in SME financing and support,” added Macaulay.

He urged SME operators to take advantage of the seminar to build capacity that can help them manage and grow their businesses successfully. The forum is open to both Stanbic IBTC customers as well as interested SME operators.

Macaulay said the SME sector is pivotal to the economic growth and development of any nation and Nigeria is no exception, especially as the government attempts to diversify the economy in the aftermath of declining revenue from oil due to plummeting prices.