Fidelity Unveils Banking Service to Support SMEs

Fidelity Bank Plc has launched an initiative tagged, ‘Fidelity Managed SMEs Business’, in line with its commitment to the growth of small businesses in the country.

The bank also disclosed plans to commence a national radio programme aimed at encouraging small and medium scale enterprises (SMEs).

Group Managing Director/Chief Executive Officer, Fidelity Bank, Reginald Ihejiahi, who briefed the media in Lagos, said the initiatives would help to address the challenges affecting small businesses in the country. These, according to him, would also tackle the high mortality ratio experienced by SMEs in the country.

Mr. Ihejiahi said with the initiative, Fidelity Bank would help to guide small businesses in their efforts to penetrate the market by providing advisory support and enhanced capacity building programmes that would aid the survival of their businesses.