DIAMOND Bank Plc has been named and awarded the Best Small and Medium Enterprise, SME Bank and the Best Microfinance Bank in West Africa by the famous Banker Magazine for the 2015.
According to the awarding institution, the awards are in recognition of the bank’s high-value addition to the growth of micro businesses in West African and its leading role in stimulating the productive capacity of the SMEs as the engine that drives industrialisation and sustainable economic growth and development.
A message from the awarding institution as reflected in the award certificates signed by Robin Amiot, chief executive officer, and Georgina Gongs, managing editor, stated that Diamond Bank’s success in the fiercely contested award categories by a lot of nominated banks in West Africa, was in recognition and reward for the quality of its financial products purely tailor-made to stimulate the productive strength of the SME sector and the unrivalled excellence in services to customers.
“The publishers of Banker Africa understand the importance of best-in-class benchmarks and growing a dynamic and successful regional finance industry. Your institution’s success in the Banker Africa – West African Awards as category winners for Best SME Bank West Africa and Best Microfinance Bank West Africa, reflects Diamond Bank’s superior creative vigour that has stamped her as a dominant financial house in the region,” the message read.
Winners in each of the award categories emerged after nominated financial institutions were subjected to a rigorous and transparent voting process by registered website users across Africa.
According to Uzoma Dozie, chief executive officer, Diamond Bank, the investment and focus on the MSME segment is strategic and predictive. Dozie said the future of sustainable banking in Nigeria would be in retail, hence, the need for the bank to grow and consolidate its strength in the segment.
Commenting on the success of the Bank in growing the SME sector, Ayona Trimnell, head, corporate communications division, stated that the award was a huge testament of Diamond Bank’s strategic growth plan to see the SME as the hub of economic activity in the country, noting that an area in which the Bank had moved ahead of the pack was in the designing, management and delivery of the SME stakeholder-orientated banking products and services.
— Feb 8, 2016 @ 01:00 GMT