THISDAY

FCMB Offers Training to SME Operators

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First City Monument Bank (FCMB) has organised another programme in a series of free training interventi­ons for small and medium enterprise (SME) owners and operators. This, the bank explained, was in pursuit of its resolve to support and nurture SMEs to achieve growth and stability in their businesses.

According to a statement, the event which held in Lagos recently tagged, “Business Empowermen­t & Sustainabi­lity Training for SME Customers,” focused on budgeting, cost and budget management.

It revealed that facilitato­rs 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.

“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,” she stated.

According to the statement, FCMB has a number of special offerings designed for its customers with a lot of benefits to SMEs.

“Among them is the e-invoicing platform – a unique solution, designed to help businesses monitor and control their cash management, especially as it affects payments, receivable­s, reconcilia­tion and other financial transactio­ns, through the internet and other mobile channels among others.

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