Access Bank Plc has revealed that it has provided over N1 billion to support Small and Medium Enterprises (SMEs) in the health sector. This was made known at a business workshop for health practitioners, organised by the bank in partnership with Medical Credit Fund and the JNCI. The annual workshop was held recently in Abuja to commemorate the World Health Day.
Speaking at the workshop, the bank’s Executive Director, Mr. Victor Etuokwu, in a statement said “Access Bank remains committed to improving the well-being of its SME customers in acknowledgement of the role they play as one of the drivers of the nation’s economy”.
He stated that the financial institution has a role to play in supporting growth of the economy through the empowerment of small business owners by enabling access to finance, capacity development and mentorship. The training session was specifically designed for SMEs in the health sector.
He further justified the bank’s involvement in the health sector, saying that “the health sector guarantees that people are able to do business in good health. This is a sector that keep an eye on people’s well-being. Hence, we need to finance it to be more structured, because, we need to have more health professionals in the country.”
Small Businesses As Drivers To The Growth Of The Health Sector
Victor Etuokwu emphasized on the need to meet the demand for health services effectively, stating that the ability to pay for health services in the country is quite low. He therefore urged the government and other stakeholders to invest more in health insurance industry as it is a growth drive growth in the health sector of the country.
Though, Access Bank as a top tier bank in Nigeria, lends to good borrowers, the Executive Director said, the attendance at the workshop could boost participants’ chances of accessing credit facilities from the bank. He further stated that the credit will boost small businesses in the health sector and in turn, stimulate sectorial growth, contributing significantly to GDP.
About JNCI And Access Bank Plc.
JNC International Limited is a foremost Turkey Medical Equipment Service and Solutions Company in Nigeria. JNCI offers support in consultancy for the building and renovations of new hospitals, procurement of medical equipment and tendering, commissioning, installation and testing of equipment supplied, planned preventive maintenance and clinical applications Training.
Access Bank Nigeria plc, is one of the leading publicly traded deposit money banks in Nigeria with a drive to deliver sustainable economic growth that is profitable, environmentally responsible and socially relevant.