TheCable

Fidelity Bank Plc has been named ‘Entrepreneurship Bank of the Year’ at the third edition of DAAR Awards that recently held in Abuja.

According to the organisers of the event, the bank received the award in recognition of its consistency in enhancing the growth of micro, small and medium enterprises (MSMEs) in the country.

Ejike Ndiulo, the bank’s head of corporate communications, who received the award on behalf of the bank said: “It is an honour for the success of our tailored capacity building initiatives for MSMEs to again be recognised at this time.

“The award further underlines our unwavering commitment to building a new crop of entrepreneurs who will birth and power the next generation of conglomerates in the country.”

According to Nduilo, the bank had partnered with the Nigerian Export Promotion Council (NEPC) and the Lagos Business School (LBS) to provide world-class training needed to improve the competitiveness of Nigerian enterprises, particularly export-oriented businesses and the associated value-chain players in the international market.

Tagged, “Export Management Programme (EMP)”, the initiative is currently in its eighth stream.

Providing insights into Fidelity Bank’s approach to supporting MSMEs in the country, Ejike said that the lender set up a full-fledged SME Banking Division dubbed ‘Managed SME’ to provide one-on-one business advisory to its customers.