FirstBank reiterates support to businesses for economic growth

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First Bank of Nigeria Plc has reiterated its commitment to supporting businesses through various initiatives and providing financial solutions for a thriving business environment and economic growth.

Group Executive, Transaction Banking, First Bank, Mrs Olaitan Martins, who disclosed this during an interactive session with some Fast-Moving Consumer Goods (FMCGs) business owners in Lagos, said the forum was to enlighten them on business development and how to grow their income bases.

Martins said it was important to support businesses that contribute to the nation’s economy through the distribution of fast-moving commodities.

“Today’s event is just to enlighten them and celebrate them for what they have been doing in contributing to the nation and to the distribution channel for fast moving commodities.

“It’s also an opportunity for us to thank them for their businesses and really educate them on how to run this value chain business because, in everything, there is risk. It is important that we assist our customers,” she said.

Martins emphasised the bank’s longstanding presence in Nigeria for 130 years and its integral role in the country’s economy and individual lives.

She explained that the distributor’s scheme was about financing companies, thereby growing the economy.

Earlier, Group Head, Transaction Banking, FirstBank, Mobolade Ojeahere, said the interactive session offers an opportunity to get feedback, look for solutions and how to turn challenges into opportunities, especially in the face of recent economic policies.

During the session, officials of the bank took turns to introduce various products of the bank, demystify myths about bank loans and also spoke on how distributors could leverage on opportunities.

Awards were later given to the best distributors from the Southwest in attendance.