Stanbic IBTC Bank, a subsidiary of  Stanbic  IBTC Holdings Plc, has reaffirmed its commitment to empowering  Small and Medium Scale  Enterprises (SMEs).


In this vein, the bank has signed a partnership agreement with the Small and Medium Enterprises  Development Agency of Nigeria(SMEDAN) to provide training for 3000 Small and Medium Enterprises (SMEs) across Various States in Nigeria.


The bank in a statement, said the collaboration aligns with its commitment to supporting the growth and development of the SMS sector in the country through its Enterprise Academy  Training Programme, an initiative that has facilitated the training of over 5000 SMEs since its launch in 2021.




Highlighting the significance of the partnership, the Chief Executive, of Stanbic IBTC Bank, Mr Wole  Adeniyi, emphasized the pivotal role of SMEs in the economy.




He said,’’ SMEs are the backbone of our economy, and acknowledge the vital role they play in driving economic growth and creating employment opportunities.


Through  our partnership with SMEDAN, e aim  to empower  SMEs with the knowledge  and tools needed to thrive in today’s competitive business landscape.’’



The Director General, of SMEDAN, Dr Olawale Tunde Fasanya, also shared his thoughts on the recently signed partnership, he said, Establishing a trusted financial partner for growth is crucial to any business’’.



He also expressed his satisfaction with the partnership with Stanbic IBTC Bank to empower, equip and expedite the growth of SMEs, thereby amplifying their contribution to the economy.



Stanbic IBTC Bank’s  Enterprise Academy  training programme  is designed  to equip  SMEs  with the necessary tools to overcome challenges, enhance their operations, and drive sustainable growth

By TheInterviewsNigeria

Publisher/Editor -in Chief with more than a decade of working in the media production industry, Our preoccupation is Development News and rooting for innovation locally and internationally. We are British trained Business English PRO. We edit manuscripts for book publication, translation(English/Yoruba/French). We cross your 't's' and dot your 'i's. We are also into speech draftsmanship and photography; Business reports, and proposals, with minimal cost. Meeting the deadline is our watchword. We would cover your Social /Public events with precision. The proof of the pudding is in the eating. Call-08144956897, 08057355037 E-mail-,

Leave a Reply

Your email address will not be published. Required fields are marked *