Nigeria: Zenith Bank introduces SME Grow My Business Product

Nigeria’s leading financial institution, Zenith Bank Plc, has introduced what it called, ‘Zenith Bank SME Grow My Business Product’, saying it provides a huge space to deliver value and offer compelling propositions and engagement for business growth and contribute to national development.

The bank explained that the SMEs remain the growth engine of any economy and Nigeria is no exception, 96% of local businesses are classified as SMEs, according to the International Finance Corporation (IFC).

The financial institution disclosed this in a statement signed by Ebenezer Onyeagwu, the bank’s group managing director/ CEO.

The statement read: “In the light of the above, we are pleased to inform you of our launch of ‘SME Grow Business Product.’ which provides micro, small and medium enterprise with a flexible platform, mobile banking, QR code as well as branches to enjoy access to SME fertility at competitive rates. “