Stanbic IBTC Bank Gives 50% Discount on Loan Fees for Female Entrepreneurs

By Modupe Gbadeyanka

A 50 per cent discount on loan fees has been offered to female entrepreneurs in the Stanbic IBTC Blue Blossom Community to enable them to scale up their businesses.

The Stanbic IBTC Blue Blossom Community offers training and capacity-building programs to help women entrepreneurs develop the necessary skills to succeed in business.

Asides providing access to funding, the Blue Blossom Community also empowers women entrepreneurs through mentorship and networking opportunities.

Stanbic IBTC Bank has urged Nigerian women to take advantage of the resources available through the Blue Blossom Community.

However, the 50 per cent concession on loan fees is for specific business loans (except SME Lit Loan), amongst other numerous benefits.

To join the community, all women above 18 years of age can visit https://www.stanbicibtc.com/nigeriaholdings/Stanbic-IBTC-Holdings/blue-blossom or send an email to [email protected].

The Team Lead for Digital, and Enablement at Stanbic IBTC Bank, Ms Modupe Banjoko, said the Blue Blossom community is beneficial to all women in business as it allows them access products from across the group, from loans to Investments to insurance, educational trusts, the full range of Stanbic IBTC’s financial solutions are readily available to women, particularly in terms of supporting them to build their businesses.

She further emphasized the importance of financial dignity, encouraging people to invest and save early while considering risk diversification to have a sustainable flow of income.