Wednesday, September 12, 2018 6.00AM / Proshare WebTV
The Chartered Institute of Bankers of Nigeria is set to commence a certification programme on SME financing, from April, 2019.
This was disclosed by the President of the CIBN Dr Uche Messiah Olowu at the opening session of the 11th edition of the "Annual Banking and Finance Conference".
The conference which is a flagship event of the CIBN, focused on the theme "MSMEs: The Game Changer for Economic Growth and Development".
Dr Olowu described the choice of the theme as apt given the importance of MSMEs in driving rapid and inclusive economic growth.
He believed MSMEs were critical to driving economic growth and poverty reduction across the nation.
The CIBN President also informed stakeholders that the institute will collaborate with the National Universities Commission(NUC) and other regulators to rework the curriculum of enterprise studies in the country.
Giving the keynote address Dr Joseph Nnanna Deputy Governor, Economic Policy of the Central Bank of Nigeria commended CIBN for hosting the 11th edition of the annual banking and finance conference.
Dr Nnanna who represented the Governor of the CBN Mr Godwin Emefiele listed some of the interventions to support the development of MSMEs in Nigeria, to include;
-The National collateral register scheme
-MSME Development Fund
-Establishment of Enterprise Development Centres in the country
-SME Credit Guarantee Scheme
Speaking further Dr Nnanna said the CBN remained committed to de-risking the MSME sub-sector and provide the necessary funding and support.
The Secretary to the Government of the Federation Mr Boss Mustapha in his goodwill message said the federal government was committed to its change agenda and transformation of the nation.
Mr Mustapha in his address assured stakeholders that the FG was focused on ensuring a more secured business environment for MSMEs to thrive.
The SGF was represented by Mr Olusegun Adekunle the Permanent Secretary in his office.
The first day of the conference also featured panel sessions on “MSME Financing Gap: The Critical Role of Micro-Funding” and “Understanding Emerging Disruptions in Technology and its Impact on MSME Growth”.
It also hosted breakout sessions that discussed “Innovations in Financial Services: How Banks could Leverage to Bank the Unbanked” and “Women in Finance:Using Technology to Connect the Next Generation of Bankers”.