Fidelity pledges more support for MSMEs


FIDELITY Bank Plc has reinstated its commitment to grow the next generation of entrepreneurs in Nigeria. The bank is doing so by supporting micro, small and medium scale enterprises, MSMEs, through its funding connect initiatives.

Speaking at a Fidelity Bank Plc Radio Clinic show for SMEs, on Inspiration FM in Lagos, Ken Opara, general manager/regional bank head, Ikeja, said the programme has helped in building the next generation of Nigerian entrepreneurs. “We want to build the next generations of Nigerians entrepreneurs and we see a huge space in the sector.

“Today we have over one million SMEs in our books, apart from those that access our platform at the SMEs radio or through our other programmes, and we have also supported them through capacity programme, hand-holding and different cluster approach,” he said.

On his part, Gbolahan Joshua, chief operation and information officer, Fidelity Bank, said the bank would never stop lending.  “This programme is not about growing our loan book is about supporting entrepreneurs. Will now engaging with them more on digital platforms because their audience and customers are now going digital.

“So we have to move them to those platforms for their product to meet a wider network,” he said.

Fidelity Bank recently announced collaboration with PricewaterhouseCoopers (PwC) to provide funding for SMEs operating in Nigeria, through its Funding Connect that holds on August 7.

– Aug. 2, 2019 @ 17:25 GMT |

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