{"id":68527,"date":"2023-01-24T15:47:00","date_gmt":"2023-01-24T14:47:00","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=68527"},"modified":"2023-01-24T15:47:00","modified_gmt":"2023-01-24T14:47:00","slug":"union-bank-reiterates-support-for-small-businesses-at-businessday-top-100-sme-conference","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/union-bank-reiterates-support-for-small-businesses-at-businessday-top-100-sme-conference\/","title":{"rendered":"Union Bank Reiterates Support For Small Businesses At BusinessDay Top 100 SME Conference"},"content":{"rendered":"

Leading financial institution, Union Bank of Nigeria, has reiterated their support for Small and Medium-sized Enterprises in the country to drive increased growth and development. This commitment was made during the recently held \u2018Top 100 Fastest Growing SMEs in Nigeria\u2019 conference hosted by Business Day newspaper.<\/p>\n

\"\"The event themed \u2018How SMEs can thrive in an age of volatility\u2019 was well attended by various stakeholders in the SME sector, including entrepreneurs, industry experts, start-ups, and financiers. The event had different panel sessions to discuss the multiple problems facing SMEs in Nigeria.<\/p>\n

Speaking on the Funding for SMEs panel, Ayokunnumi Abraham, Head, Small and Medium-sized Enterprises (SME) Products & Segments Union Bank, said SMEs need to pay attention to capacity building and keeping proper financial records.<\/p>

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According to him:
\n\u201cSMEs must focus on building capacity and developing the necessary skills to increase their expertise if they hope to succeed in this volatile age. SMEs also need to embrace technology and digital tools as an enabler for business growth while ensuring their books and records are organised if they hope to attract funding from the right financial partner.\u201d<\/p>\n

Business Day newspaper presented Union Bank with The SME Financier of the Year award in Nigeria at the awards ceremony held that same evening in recognition of the bank\u2019s efforts to support and promote the growth of the SME sector in the country.<\/p>\n","protected":false},"excerpt":{"rendered":"

Leading financial institution, Union Bank of Nigeria, has reiterated their support for Small and Medium-sized Enterprises in the country to drive increased growth and development. This commitment was made during the recently held \u2018Top 100 Fastest Growing SMEs in Nigeria\u2019 conference hosted by Business Day newspaper.<\/p>\n","protected":false},"author":6,"featured_media":43986,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[1395],"coauthors":[2391],"class_list":["post-68527","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-union-bank"],"yoast_head":"\nUnion Bank Reiterates Support For Small Businesses At BusinessDay Top 100 SME Conference - National Wire<\/title>\n<meta name=\"description\" content=\"Leading financial institution, Union Bank of Nigeria, has reiterated their support for Small and Medium-sized Enterprises in\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/union-bank-reiterates-support-for-small-businesses-at-businessday-top-100-sme-conference\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Union Bank Reiterates Support For Small Businesses At BusinessDay Top 100 SME Conference - 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