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   Market Date: 28-01-2015   
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Diamond Bank Grooms Capacity of SMEs

Category: Investors NewsBeat

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Diamond Bank Grooms Capacity of SMEs


Diamond Bank Plc is building the managerial capacity of entrepreneurs to the level they can easily succeed in their respective businesses. 

The bank’s Head, Retail Banking and New Products Developments, Mr. Garry Marsh, reiterated the commitment of the bank to impact positively on small and medium enterprises. He said: “It is something we have to do and take as our primary role in the economy.”Speaking at Diamond Business Xpress Seminar in Lagos last weekend, Marsh explained that Diamond Bank is providing a lot of benefits targeted at developing the macroeconomic landscape of the country. 

He said the business Xpress enterprise seminar is designed for incubating and growing Micro, Small and Medium Scale Enterprise (MSME's) across the country, adding that it was developed bearing in mind the problems facing the real sector of the economy. "Diamond Business Xpress was developed specifically to add value to your business whether a micro, small or medium scale enterprise. The Business Xpress account aims to help you grow your businesses," said Mash. 

The bank’s Head, SME Desk, Chidimma Lawanson, said the objective of the seminar “is not to win customers for the bank but to ensure that enterprises get rid of one of the challenges to their growth, which is lack of proper business and management information.” She pointed out that besides the seminar, the bank aids businesses and enterprises with products and services that make it easy for them to do transactions at little or no cost thereby boosting their profitability. 

For instance, she said, Diamond Bank offers its SME customers a business account with three variants designed to take care of micro, growing and established businesses, all of which among other benefits, enjoy free Cost of Transactions (COT) in their daily banking activities. "With Diamond Business Xpress, the customer can attend our quarterly enterprise business seminars where he can learn the latest trends in management. In addition, the customer has access to affordable loans and business advisory services,” she added.

Lawanson enjoined participants at the seminar to always imbibe the principles of planning, which according to her is imperative for success in all business endeavors.


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