• Tue. Apr 23rd, 2024

Union Bank Champions SME Growth At BusinessDay 100 SME Conference

Union Bank of Nigeria has reaffirmed its dedication to facilitating easy access to capital for Small and Medium-sized Enterprises (SMEs) in Nigeria. The commitment was reiterated during the recent BusinessDay 100 SME Conference, where Union Bank showcased its steadfast support for SMEs, aiming to foster growth and profitability within this crucial sector.

The conference, themed ‘Accelerating growth for SMEs in an era of uncertainty,’ drew together an assembly of industry experts, policymakers, small business owners, and other stakeholders keen on evaluating and spotlighting the SME activities driving Nigeria’s economic landscape.

The engaging conference featured diverse panel sessions, with discussions revolving around pertinent issues affecting SME development in Nigeria. During the “Raising Finance for SMEs” panel, Gloria Omereonye, Area Business Executive at Union Bank, shared valuable insights on avenues through which SMEs could access financial support.

Omereonye emphasized the pivotal role of timely and adequate capital in SME operations. She underscored the importance of creating streamlined, technologically innovative processes that ensure SMEs can easily access loans, ultimately aiding in their rapid development and expansion. She highlighted Union Bank’s commitment to collaborating with and supporting entrepreneurs striving to scale their enterprises.

Union Bank expressed satisfaction in its continued association with the BusinessDay 100 SME Conference, lauding the platform’s role in showcasing the significant contributions made by small and medium-sized enterprises, which are essential for Nigeria’s economic advancement.

Recall that Union Bank was founded in 1917 and listed on the Nigerian Stock Exchange in 1971, Union Bank of Nigeria Plc remains a reputable and trusted financial institution with a strong legacy. With a vast network of over 300 branches across Nigeria, the bank is renowned for its extensive range of banking services catering to both individual and corporate clients. These services encompass current, savings, and deposit account offerings, funds transfer, foreign currency domiciliation, loans, equipment leasing, and trade finance.

Additionally, Union Bank provides customers with convenient electronic banking channels, including Online Banking, Mobile Banking, Debit Cards, ATMs, and POS Systems, reflecting its commitment to delivering accessible and modern banking solutions to its clientele.

Hyacinth Beluchukwu Nwafor

Hyacinth Beluchukwu Nwafor is a seasoned journalist and the CEO/Founder Belch Digital Communications, publishers of Hybrid News Nigeria.

Leave a Reply