{"id":1446,"date":"2021-07-15T07:15:01","date_gmt":"2021-07-15T06:15:01","guid":{"rendered":"https:\/\/mydailybells.com.ng\/businessbells\/?p=1446"},"modified":"2021-07-15T07:17:27","modified_gmt":"2021-07-15T06:17:27","slug":"fidelity-bank-assures-smes-of-loan-availability","status":"publish","type":"post","link":"https:\/\/mydailybells.com.ng\/businessbells\/fidelity-bank-assures-smes-of-loan-availability\/","title":{"rendered":"Fidelity Bank Assures SMEs of Loan Availability"},"content":{"rendered":"<p>&nbsp;<\/p>\n<h4><strong><span style=\"font-size: 18pt;\">Fidelity Bank has said it has loans available for Small and Medium Enterprises and aims to drive financial inclusion through agency banking.<\/span><\/strong><\/h4>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">The Managing Director, Nneka Onyeali-Ikpe, said this during a media briefing on Tuesday in Lagos as she revealed the bank\u2019s plans for the country\u2019s economy.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">Onyeali-Ikpe said, \u201cWe intend to build a centre for SMEs free legal services in the event of going into any contract.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">\u201cWe have loans for everybody, and we would also drive financial inclusion through our agency banking. We have advanced in technology and are adding more products to our platform. We encourage our customers to key into our digital process.\u201d<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">She said despite the effects of the COVID-19 pandemic on the economy, new areas of growth were opened up to discerning investors.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">She said Fidelity Bank would be focusing on doing business in the agriculture, healthcare, hospitals and diagnostic laboratory services, telecommunication, infrastructure and technology sectors, especially fintech.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">\u201cWe have seen growth in agriculture and we will continue to adequately explore the sector,\u201d Onyeali-Ikpe said.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">She said her target was to drive the bank to Tier 1 status within the shortest possible time, adding that it was already targeting market share of 7.5 per cent with regard to deposit.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">According to her, the bank has a seven-point agenda, and intends to embark on an innovation drive through the implementation of new processes and techniques.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">She said, \u201cThe bank is also executing fresh ideas to ensure continuous process improvement, reduce cost to serve, increase competitiveness, improve brand recognition and value, build new partnerships and relationships, drive turnover, and increase profitability.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">\u201cThe bank\u2019s digital transformation involves an end-to-end digitisation across all facets of the business. In line with this, the bank has launched a novel digital service \u2014 Pay Yourself \u2014 which revolutionises payday for salary earners and SMEs.\u201d<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Fidelity Bank has said it has loans available for Small and Medium Enterprises and aims to drive financial inclusion through agency banking. &nbsp; The Managing Director, Nneka Onyeali-Ikpe, said this during a media briefing on Tuesday in Lagos as she revealed the bank\u2019s plans for the country\u2019s economy. &nbsp; Onyeali-Ikpe said, \u201cWe intend to [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":1447,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[8],"tags":[159,836,212],"class_list":["post-1446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-fidelity-bank","tag-loan-availability","tag-smes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fidelity Bank Assures SMEs of Loan Availability &#8212; Business Bells<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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