Stanbic IBTC trains SMES in Lagos

IN bid to improve capacity of small and medium enterprises (SMES) to build and grow their businesses and the economy, Stanbic IBTC Bank has held a capacity building training for them in Lagos.

Head, Enterprise Banking, Stanbic IBTC, Babatunde Akindele, told journalists that the essence of the training was to impact skills on owners of small businesses to create employment, stimulate the economy and increase the impact of SMES on the economy.

“SMES are the livewire of any economy. So the idea is that the better our SMES become, the better their impact on the economy and the more growth we will experience.

“It is a priority and that is why we are training people who are new in the business and those who have been in the business for a while.

“We have different roles in the economy but impacting business skills on small and medium businesses is something we can do and it’s something we are doing right here today,” he said.