Small Businesses Deserve More Financial Supports – Fidelity Bank Boss


The roles of Small and Medium Enterprises (SMEs) would remain topical in the nation’s discourse and quest for economic growth, the Managing Director of Fidelity Bank Plc, Nnamdi Okonkwo, has said.

Describing small businesses as engine of growth that is powered by enterprising and hardworking Nigerians that deserve every support, he said that the bank is dedicated to their course and well known by them. The banker, at the quarterly rally of the Balogun Business Association (BBA) at Trade Fair complex in Lagos, told newsmen that the bank does not only serve the corporate class, but also the middle and lower class of the market.

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“We are very strong in SMEs segment. Most of these people here are the operators. This is a very major component of our trade and commerce clientele. We have a standing relationship with most of the traders here running up to 30 years.

“My team and I are actually here to know what the customers need and see areas we can support them. In this situation, you wouldn’t expect me to sit inside the office, but to be here and see them one-on-one,” he said.

The Divisional Head of Operations, Martins Izuogbe, said the bank has facilitated foreign exchange transactions of most of the SMEs involved in importation, maintaining a cordial relationship that has lasted for years and poised to sustain it with innovative product.

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