GCB Bank partners Resilient Ghana to support youth led Small and Medium Enterprises (SMEs)

Posted by - February 22, 2022

GCB Bank PLC continues to show its strong commitment to empowering the youth and SMEs, especially after the devastating economic effects of the Covid-19 pandemic. The Bank has disbursed GH₵100,000 as support to Resilient Ghana to provide a platform that challenges and empowers the youth to identify, create and present innovative solutions to real-life problems

Bank of Ghana Report names UMB, 2 others with lowest lending rates to SMEs

Posted by - December 31, 2021

Universal Merchant Bank (UMB) has been named among other universal banks with the lowest interest rate on loans offered to small and medium scale enterprises in the country, according to the Bank of Ghana “Annual Percentage Rates (APR)” report. The central bank’s 2021 Annual Percentage Rates (APR) report (BoG) revealed that “on loans offered to

Take advantage of listing support fund for SMEs – GSE to entrepreneurs

Posted by - March 31, 2021

The Ghana Stock Exchange is urging businesses to take advantage of the available opportunities on the capital market to raise funds to boost their operations. Deputy Managing Director of the GEE, Abena Amoah, hinted that the establishment of the listing support fund is to attract small businesses to list on the market without any financial

Access Bank Introduces SWIFTPAY to support SMEs

Posted by - March 3, 2021

In the bid to facilitate payments between SMEs and their retail customers, Access bank Plc has unveiled SWIFTPAY. The solution is a digital payment service that facilitates the receipt of business payments by enabling customers make quick, easy and secure digital payments on social media platforms to merchants. The Group, Head, Emerging Businesses, Access Bank

MTN Nigeria Introduces Programme to Support SMEs

Posted by - August 21, 2020

MTN Nigeria has introduced The Revv Programme to mitigate the effects of COVID-19 on Small and Medium Enterprises (SMEs). The Revv Programme seeks to address major macro level issues specifically in the areas of re-igniting the economy and driving digital inclusion for SMEs. Adopting a four-pronged approach that includes masterclasses, access to market, productivity tools

Wema Bank launches Collateral-free Loan for SMEs

Posted by - August 4, 2020

As part of its effort to provide access to finance for SMEs to grow their businesses, the financial service company, Wema Bank has introduced SME loan products that are collateral free to support businesses. A statement from the bank explained that businesses in need of working capital finance could get up to N10 million without

FMDQ Securities Exchange Provides Long-term Funding for SMEs

Posted by - August 19, 2019

The FMDQ Securities Exchange Plc, recently transformed into a full-blown securities exchange, had announced it move to create new entities that will assist in the development of the nation’s economy. The Managing Director of FMDQ Securities Exchange Plc, Mr. Bola Onadele Koko, revealed this at a media briefing in Lagos. He explained the rationale behind

UBA pledges more funding for SMEs in Africa

Posted by - July 26, 2019

The United Bank for Africa Plc (UBA) has pledged more funding for the growth and development of Small and Medium Scale Enterprises (SME’s) in Africa. The General Managing Director, UBA, Mr Kennedy Uzoka disclosed today in Abuja at the opening of the UBA Market Place. The UBA Market Place is an entrepreneurial fair, with exhibitors