Fidelity Bank Launches Platform to Assist Business Owners

By Dipo Olowookere

As part of its commitments to the growth of businesses in the country, leading tier-2 lender, Fidelity Bank Plc, has unveiled a platform to support entrepreneurs in Nigeria with their basic need, funds.

The new initiative called Fidelity SME Funding Connect, is themed Entrepreneurship Meets Capital.

At the launching in Lagos on Wednesday, the Executive Director in charge of Lagos and South West at Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, explained that the bank, after providing the funding support to the beneficiary, will do a follow-up to see the progress of the business venture.

“We are planning to do like a quarterly or semi-annually assessment of how the entrepreneur is making use of the assistance given by the bank. We want to be part of success of every business we support,” she said at the media briefing.

Also present at the unveiling yesterday were the Divisional Head, Managed SMEs at Fidelity Bank, Mr Osaigbovo Omorogbe; Advisory Partner & Chief Economist, PricewaterhouseCoopers (PWC), Dr Andrew Nevin; Senior Manager, Audit and Advisory (Deals), PricewaterhouseCoopers, Mrs Patricia Aiyedun; Divisional Head, Brand and Communications at Fidelity Bank, Mr Charles Aigbe, amongst others.

Business Post gathered that the launch of the initiative in Lagos would be followed by a similar unveiling in Port Harcourt, Kano and other cities in the country.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng

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