Stanbic IBTC Bank Poised for SMEs’ Growth Through Access To Capital and More – CEO

The solutions are designed to support SMEs and address their commercial and financial needs

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Stanbic IBTC Holdings PLC has announced its readiness to further lift the fortunes of SMEs in Nigeria through its array of solutions to support businesses, especially small and medium enterprises, in the country.

According to the bank, the solutions are aimed at providing access to capital and exposure to international markets. The solutions, it said, also allow organizations to take advantage of joint partnerships.

Commenting on the offerings, its Chief Executive, Wole Adeniyi, said the solutions are designed to support SMEs and address their commercial and financial needs.

Adeniyi said that “Over the years, Stanbic IBTC Holdings, as Nigeria’s leading end-to-end financial services provider, has remained at the forefront of providing financial solutions

Wole Adeniyi – Chief Executive, IBTC Stanbic Bank

to business enterprises in the country, while offering Nigerian importers access to its global presence through its Africa China Agent Proposition (ACAP)”.

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He notes that “Leveraging Stanbic IBTC’s network of Chinese agents, with client satisfaction being the cornerstone, ACAP offers a broad ecosystem of services, solutions and support, which equips African and Chinese businesses to leverage trade and growth opportunities to drive Africa’s growth. The ACAP solution, which has been termed ‘game-changer’, eases the cashflow worries of African importers by providing access to finance while also empowering the importers to have end-to-end visibility of the entire importation and logistic process.”

Stanbic IBTC Trade Club offers business owners exposure to meet and trade with suppliers anywhere in the world, thus giving them the needed exposure to thrive. The Stanbic Bank TradeClub Trade Resources also provides entrepreneurs with the relevant tips and the right tools to build their businesses on a strong foundation. We provide useful information regarding business models, accounting, marketing and legal aspects that will enable their businesses to achieve their goals.

 

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