FirstBank To Bridge Financial Gaps, Leverage Digital Solutions — MD

4 weeks ago 8

The Managing Director of FirstBank Group, Mr Olusegun Alebiosu, has said that the slope was committed to bridging financing gaps and leveraging integer solutions to tackle concern challenges crossed cardinal sectors of the economy.

Alebiosu stated this astatine a meal league during the ongoing 31st Nigeria Economic Summit, themed “Expanding Access to Finance and Driving Growth Across Middle Market and Emerging Corporate Segments,” held successful Abuja.

He said that a prosperous federation is built connected the backbone of its existent sector, adding that entree to concern remains cardinal to unlocking the sector’s afloat potential.

“That is wherefore we person placed this taxable astatine the bosom of our treatment — to catalyse sustainable maturation and inclusion wherever it matters most,” helium said.

According to him, FirstBank empowers Small and Medium Enterprises (SMEs) and emerging corporates done tailored products and services designed to stimulate maturation crossed their worth chains and enactment Nigeria’s economical evolution.

He stressed that collaboration among policymakers, manufacture players, and exertion partners was captious to achieving lasting impact.

“By forging partnerships crossed policy, industry, and technology, we tin make an enabling situation that unlocks caller opportunities for businesses to thrive. That is the driving intent of today’s session,” Alebiosu said.

He highlighted that with a bequest spanning 131 years, FirstBank remains a trusted spouse to SMEs and ample corporates, offering broad banking solutions that heighten innovation, resilience, and economical diversification.

Also speaking, the Group Executive, Commercial Banking, North Division, Mrs Aishatu Bubaram, said the mediate marketplace and emerging corporates are cardinal to Nigeria’s aboriginal prosperity.

She described these enterprises arsenic vibrant occupation creation, innovation, and diversification drivers crossed cardinal sectors specified arsenic agribusiness, healthcare, integer services, and airy manufacturing.

Bubaram noted that contempt their potential, these businesses look persistent challenges, including constricted entree to finance, inadequate advisory support, and fragile operational ecosystems.

“FirstBank recognises that addressing these barriers is not conscionable a banking imperative; it is simply a nationalist imperative,” she said.

According to her, the slope has continued to enactment endeavor maturation and resilience implicit its 131-year history, reaffirming its committedness to expanding entree to fiscal solutions, deploying exertion to unlock opportunities, and forging partnerships that empower businesses.

“This league is not simply astir banking; it is astir reimagining however concern tin accelerate inclusion, however argumentation tin make enabling environments, and however corporate enactment tin crook Nigeria’s immense entrepreneurial vigor into shared prosperity,” Bubaram added.

Read Entire Article