FIDELITY BANK LEADS BANK’S SUPPORT FOR SMES

New data has shown Fidelity, FBN Holdings, and Guaranty Trust Holding Company recorded the most support for Small and Medium Enterprises (SMEs) growth in Africa’s biggest economy. BusinessDay Analysis of Fidelity Bank, FBN Holding, GTCO, Zenith Bank, Stanbic IBTC Holdings, Union Bank, Access Bank, and Sterling Bank financial books showed that these banks recorded a cumulative contribution to the Small and Medium Enterprises Equity Investment scheme (SMEEIS) of N22.6 billion, up 6.6 percent from N21.2 billion in September 2021. The SMEEIS is a voluntary initiative of the Bankers’ Committee which…

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