Image

Fidelity Bank launches new packages for SMEs

The Fidelity Bank plc has introduced two new products; Business Flex account and Traders Support Facility, to reinforce Small Medium Enterprises (SMEs) in the country. The new packages were launched recently at the bank’s SME Funding Connect Series which was held in Lagos.

The Regional Head, Yaba/Surulere branch, Fidelity Bank, Mrs Chetachi Ezenagu commented that, “Fidelity Bank has supported a lot of SMEs over the years. We have understudied the terrain and we come up with products that will suit the entrepreneurs within the Nigerian business climate.”

Ezenagu further revealed that, “The Fidelity Business Flex Account is a low cost business account. You know when you are starting a business initially and you want to keep your cost at the barest minimum. So it is a low cost business account for the Micro Small and Medium Enterprises (MSMEs) and it is also embedded with a fee sage accounting software. This is powerful online accounting software that will enable them to update and optimize their business processes, balance their books and control their business processes on the go.”

Related Posts

South Africa: Lula secures over $21m to boost SME funding

South African fintech Lula has secured R340 million (over $21 million) in local currency funding from the Dutch…

Ifeyinwa Osime appointed Chair of Access Bank board

Access Holdings Plc has announced the appointment of Mrs. Ifeyinwa Osime as the new Chairman of the Board…

Simba Group, LAPO to enhance asset financing for mobility entrepreneurs

Simba Group, the exclusive distributor of TVS Tricycles (popularly known as Keke) and motorcycles in Nigeria, has entered…

Nedbank plans 66% acquisition of NCBA Group

South Africa’s Nedbank Group Limited has announced its intention to acquire a controlling 66% stake in NCBA Group…

Leave a Reply

Your email address will not be published. Required fields are marked *