Sterling Bank Plc in collaborations with Lagos Chapter of the Nigerian Association of Small & Medium Enterprises, NASME, will from Monday July 18, 2016, flag off a 3-day Micro, Small, Medium Enterprises, MSME, Workshop for members of the Association. The workshop is scheduled to hold at the Federal Institute for Industrial Research, FIIRO, Oshodi, Lagos.
The Bank had organized similar workshops in Port Harcourt and Kaduna for MSME operators as part of its nationwide workshop to empower MSMEs. The next workshop will hold in Ibadan, Oyo State.
NASME was registered in 1996 as a Business Membership Organization, BMO, with the responsibility of coordinating and promoting the growth and development of the MSME sector of the Nigerian economy and has pursued its objective through strategic collaborations with institutions like Sterling Bank Plc.
The Bank said the workshop would provide participants with the opportunity to fully appreciate the concept of entrepreneurship and better position them to improve their managerial capacity in the areas of risk management and profit maximization. “It will also cover Basic Accounting Skills, Customer Service and Team Building, Sales and Marketing, Essentials of Business Plans and Human Resources Management among others,” the bank stated.
Abubakar Suleiman, executive director, Finance & Strategy of the Bank, had earlier in the year announced that the bank would anchor a series of workshops for MSME operators in various states nationwide. He explained that the Bank came up with the initiative to empower the MSME operators in the country in order to improve their capacity and contribute to the economic growth of the country. “MSMEs remain the pillar of any growing economy and the operators in the sector must be well positioned and equipped for accelerated growth and positive impact on the economy,” Suleiman reiterated.
A cross section of participants who spoke at both the Port Harcourt and Kaduna events expressed confidence that the training received at the workshop would go a long way in repositioning their businesses for sustainable growth.
Sterling Bank Plc, “the one-customer bank,” is a full-service national commercial bank with an asset base above N800 billion with over 190 business offices and more than 800 ATMs nationwide. In over 55 years of service, Sterling Bank (formerly NAL Bank) has evolved from the nation’s pre-eminent investment banking institution to a fully-fledged commercial bank. Furthermore, with a strong national presence, Sterling Bank is one of the top 30 most capitalized institutions on the Nigerian Stock Exchange. The bank is also one of Nigeria’s fastest growing banks and is recognized as a dynamic financial services organization.