Islamic Development Bank empowers 1,000 farmers in Kano
By Sodeinde Temidayo David
Stanbic IBTC Holdings, in partnership with the Enterprise Development Center (EDC) of Lagos Business School, as part of the SME Capacity Building Series established by the bank, has successfully trained more than 3,500 entrepreneurs nationwide .
The training is part of his commitment to help stimulate and develop a strong and active Small and Medium Enterprises (SMEs) sector in Nigeria.
In addition, to further strengthen the initiative, the bank provided beneficiaries with the skills and competencies necessary to run their businesses profitably, develop and present viable business proposals, maximize their business funds, trade and prepare them for access. easy to finance.
Stanbic IBTC Bank Plc Head of Corporate Banking, Mr. Emeka Obasi, speaking on the training, echoed the bank’s commitment to provide the right support and solutions to individuals and businesses through country to achieve their goals.
“Stanbic IBTC’s commitment to building the capacity of businesses stems from our deep understanding of the important role these businesses play in connecting industries, creating jobs and growing the Nigerian economy,” said he declared.
He added that the participants were trained on essential topics such as understand your market, which was in three segments; competitive analysis, marketing plan and marketing segmentation.
He further indicated that another topic was based on operation and business model, which provided insight into business plan, including plan templates, review and development. In addition, topics such as taxation and marketing, business management, among others, were discussed.
Mr. Obasi also revealed that Stanbic IBTC Bank has highly qualified and motivated staff with the requisite expertise in financing and business support.
For his part, the Executive Director, Business and Commercial Clients of Stanbic IBTC Bank, Mr. Remy Osuagwu, reaffirmed the bank’s commitment to supporting businesses.
According to Mr. Osuagwu, “Our core financial intermediation mandate ensures that we are keen to provide the right support and the right solutions to individuals and businesses to achieve their goals and this series of workshops represents another opportunity for Stanbic IBTC Bank. , to help develop and refine participants. ‘ Professional skills.”
He further explained that as part of its support for SMEs, Stanbic IBTC regularly organizes training for business operators.