Banking and Finance

Stanbic IBTC Bank To Empower Female Entrepreneurs With 50% Concession On Loan

Stanbic IBTC bank said it is set to empower female entrepreneurs in the Stanbic IBTC Blue Blossom Community by providing a 50% concession on loan fees for specific business loans with the exception of SME Lit Loan.

It said it designed the Blue Blossom Community for women who want to save more efficiently, diversify their investments, build sustainable businesses or careers, and protect their wealth and family while connecting with other women within the community.

The bank urged Nigerian women to take advantage of the resources available through the Blue Blossom Community as the platform also offers training and capacity-building programs to help women entrepreneurs develop the necessary skills to succeed in business.

Asides providing access to funding, the programme also empowers women entrepreneurs through mentorship and networking opportunities.

Team Lead, Digital and Enablement, Modupe Banjoko, said the Blue Blossom community is beneficial to all women in business as it allows them access products from across the group, from loans to Investments to insurance, educational trusts.

The full range of Stanbic IBTC’s financial solutions she explained are readily available to women, particularly in terms of supporting them to build their businesses.

Edet Udoh

We are The Revealer, a general online news platform based in Nigeria. Our focus amongst others is to provide credible, factual, well researched and balanced news and articles for our teeming readers in business, governments, politics, engineering, science, religion, technology etc. Edet Udoh is the Managing Editor. He is an experienced media person. He has worked extensively with the Champion Newspapers, The Authority Newspapers and the Blueprint Newspaper before starting Revealer Online News platform in 2018. He can be reached with this email address: edetudoh2003@gmail.com or via these phone numbers 08061246427 and 08170080488

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