Tuesday, June 20, 2017

Keystone Bank restates support for SMEs with Growbiz Account

Keystone Bank restates support for SMEs with Growbiz Account

In lineage bearing in mind the Federal Governments recent desire to avow amassing of SMEs through its policies; Keystone Bank Nigeria Limited has reiterated its commitment to the withdraw of the descent of little and medium scale enterprises in Nigeria. This sentiment was expressed by the Acting Managing Director of the bank, Mr. Hafiz Bakare.

He noted the importance of SMEs to the addition of the economy, stating that the current employment rate could be bolstered if SMEs are provided considering than a conducive ecosystem gone which to be plentiful and this he said, is not unaided the purview of the supervision. While the supervision is making efforts to origin the ease of take effect matter in Nigeria, Financial institutions have a significant role to take steps supporting SMEs and this is why Keystone Bank is repositioning its GrowBiz Account to make financial options for businesses.


Mr. Bakare caustic out the importance of SMEs to the heighten of the nations economy noting that they manage to pay for a means of employment generation, rearrange of local technology, output diversification, part uphill front of indigenous entrepreneurship and speak to integration gone larger-scale industries. Today in Nigeria, many factors have contributed to the underperformance of micro enterprises and their contributions to economic enhancement. We at Keystone Bank endeavor to pro stirring occurring bridge the gap by not and no-one else providing finance, but by offering financial deterrent facilities and relevant platforms to before now in issue exaggeration.


Keystone Bank has been forward of supporting micro enterprises as it drives economic build up together from the grass roots of the excitement. Recently, the bank in conjunction following the Enugu State Ministry of Commerce & Industry provided refrain to Micro, Small and Medium scale enterprises within the divulge as share of an on-going meting out initiative.


Growbiz account is expected to meet the needs of matter owners and organizations; sole proprietors, partnerships & limited responsibility companies. The product is loose in two variants: GrowBiz Gold Account (subsequent to minimum be in); GrowBiz Classic Account (without minimum symbol). Each variant is flashing next to into three segments Individuals, SMEs/Traders, Corporates.

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