Keystone Bank aids 100 SMEs in Enugu Share Tweet Share Pin it +1

Keystone Bank in collaboration with the Ministry of Commerce and Industry, Enugu State, has empowered 100 Micro, Small and Medium-scale Enterprises in the state.

The bank in a statement recently said the partnership was in line with its continuous economic empowerment programme to enhance the activities of small businesses, which form the bedrock of the nation’s economy.

The bank recently gave financial aid of N50, 000 each to 100 entrepreneurs in the state to enhance their various trades, and, thereby, boost local entrepreneurship in the state.

Mr. Ifeanyi Ugwuanyi, governor of the state, commended Keystone Bank’s commitment and support for MSMEs’ growth in the state.

Acting Managing Director, Keystone Bank, Mr. Hafiz Bakare, represented by the Head, South Directorate, Mr. Rowly Isioro, said, “Keystone Bank has been at the forefront of empowering MSMEs as they drive economic growth from the grass roots of the society.

“This helps to boost our drive for financial inclusion of the un-banked in Nigeria, which is in line with the Central Bank of Nigeria’s directive”.

Bakare stated that the importance of the MSMEs to the development of the nation’s economy is important, adding that they provide an avenue for employment, improvement of local technology, output diversification, development of indigenous entrepreneurship and forward integration with larger-scale industries.

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