Investor Presentaiton
FirstBank has played a critical role in empowering Small and Medium
Scale Enterprises for sustainable economic development in Nigeria
SMEs Businesses
FirstBank
FirstBank's Contribution
Since 1894
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FirstBank through its SME Connect initiative has supported
Small and Medium-sized Enterprises in Nigeria to help
grow their businesses
Beyond the financial support, strategic advisory services
were also provided, periodic business seminars as well as
information that will guide in growing the business for
economic development of Nigeria
FirstBank is committed to providing the Nigerian SME'S
with the support needed for growth
FirstBank has tailor-made products targeted at the specific
needs of SMEs in Nigeria. These loan products have been
designed for financing the activities of Small and Medium.
Enterprises (SMEs) under the U-First Scheme
The Bank has over 772,500 SMEs in its books and a large
percentage have benefited from the different programs
targeted at supporting their growth
Economic Impact
For Government, SMEs, contribute to wealth
creation and generate tax revenues
SMEs stimulate growth and development within.
the Nigerian economy
SMEs represent an important source of innovation
to both private and government bodies
A major source of employment given the structure
of most SMEs.
SMEs constitute an important source of local supply
and service provisions to larger corporationsView entire presentation