The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has restated the Bank’s unwavering commitment to supporting and sustaining the development of Micro, Small and Medium Enterprises (MSMEs) in all sectors of the economy. In his message to the celebration of this year MSME week, Akinwuntan said he was impressed with the attention being extended to the subsector by both government and private sectors, stressing that devoting one week to celebrating the sector would further generate participation, discourse, and attention to the role of the small businesses in the economy. He assured that Ecobank will continue to introduce cutting edge solutions to maintain its industry leadership role by supporting the subsector to contribute more to the growth of the nation’s economy.
The Country Head, SME, Ecobank Nigeria Limited, Mr Emeka Agada, submitted that the bank remains the financial institution of choice by the MSMEs in the country. According to him, Ecobank recognises that one of the key drivers of employment creation, poverty alleviation and economic growth and development is the timely extension of credit to businesses, stressing that the bank is a big player in financial intermediation in the sub-sector.
He explained that the bank had recently organized webinars on the need to support the subsector with capital, including examination of key issues and ways of achieving their objectives through digital financial inclusion.
