Diamond Bank Disburses N200b Loan

Fri, May 22, 2015

By publisher

4 MIN READ

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DIAMOND Bank Plc, said the bank has granted more than N200 billion loans to 60,000 Small and Medium-Scale Enterprises under its BusinessXpress account. Oluropo Olanrewaju, regional manager, Diamond Bank Plc, Ibadan, made this known at the 50th edition of the bank’s seminar held in Ibadan for operators of Micro, Small and Medium Enterprises.

He said the seminar had provided stakeholders with the requisite knowledge and necessary skills to help them to expand their businesses. “The seminars are very key to our strategic objective of helping small businesses grow. In 2009, we launched the BusinessXpress account, the first of its kind, which not only offered collateral-free loans to the SME operators but also charged negligible COT. However, we realised that providing funds to the SMEs was just the first step. There was also the need to equip them with the skills and knowledge to manage and grow their businesses so we started the seminars in 2010.”

Ayona Trimnell, spokesman of the bank, said the seminar was the bank’s customised training initiative aimed at building and strengthening capacity among new as well as established business owners. He said that the training was in line with the bank’s policy to develop a productive capacity that could compete on the global scale. “The bank is not just eager to provide funds for operators, we are also passionate about building the capacity that could boost economic production and provide employment at the micro, small and medium-scale sub-sector,” he said.

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Heritage Bank Spices Up Children’s Day Celebration

HERITAGE Bank is offering school children across the country an innovative way to celebrate the 2015 Children’s Day through what it calls ‘My Day as a Banker’ experience. The bank said in a statement that the initiative was designed to spice up the Children’s Day celebration on May 27 by making them to experience the world of bankers in a fun-filled way.

According to the bank, it is an activity holding on Monday, May 25, when selected secondary school pupils will have the opportunity of handling various banking roles such as tellers and customer service associates. Ifie Sekibo, managing director, Heritage Bank, Mr. said, ‘My day as a banker’ initiative is a demonstration of the bank’s commitment to innovation. “Children are very special to us at Heritage Bank, hence we decided to celebrate them in a unique way that offers the opportunity to have fun and learn about banking. My day as a banker is also the Heritage Bank’s unique way of promoting financial literacy among children, which is the core essence of the HB Bud Savings Account, specially designed to promote savings habit among children and youths,” he said.

Heritage Bank said it had lined up a series of fun-filled events to mark the Children’s Day celebration. It said the events would be anchored by the Zuriel Oduwole, brand ambassador, Heritage Bank Financial Literacy, the youngest child to have interviewed nine incumbent presidents.

According to the statement, the events include the ‘Treasure Hunt at School’, during which pupils are expected to locate their fairy god parents from clues designed for them and get a ticket to the Children’s Day carnival. The bank also said it would hold a Children’s Day carnival on May 27 in partnership with Inspiration FM at Dreamworld Africana Amusement Park.

It said customers with the Heritage Bank children account, ‘Bud Account’, would stand the chance to win tickets to the carnival. In line with its mission to create, preserve and transfer wealth across generations, it said Heritage Bank developed the HB Bud Savings Account to help its customers to create wealth for the children and provide them a future of financial independence.

— Jun 1, 2015 @ 01:00 GMT

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