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FCMB introduces initiatives to boost SMEs performance

FCMB introduces initiatives to boost SMEs performance

First City Monument Bank says it is committed to the growth of the Small and Medium Enterprises by connecting them to experts among other initiatives.

A statement from the bank said to boost the productivity and overall performance of businesses, it introduced an initiative tagged, “Top-5-in-5,” a digital video knowledge sharing and capacity building series designed to give the SMEs practical insights into different areas of businesses to inspire them to operate optimally and successfully.

FCMB indicated that the “Top 5-in-5” initiative was one more way it aimed to add value to the SMEs and ensure they could thrive. The PUNCH reports

The bank explained that the series would run for an initial period of seven weeks, with a new episode released every week.

Each episode would feature accomplished thought leaders and experts across diverse areas of business who would deliver five quality tips in five minutes, to help the SMEs explore solutions to specific challenges or pain-points, it added.

It stated, “The impressive line-up of experts showcased in the series include Managing Director of DCSL Corporate Services Limited, Bisi Adeyemi; Senior Partner at Verraki Partners, Kelvin Balogun; Chief Executive Officer/Founder Naija Startups, Aramide Abe; and Executive Director, Business Development, FCMB, Bukola Smith.

“Other thought leaders are Managing Director, CMC Connect, Yomi Badejo-Okusanya; Chief Operating Officer, TISV Digital, Omotolani Tayo-Oshikoya; and Managing Director, FCMB Asset Management, James Ilori.”

Some of the topics, it added, are ‘Building a sustainable business that outlives you’; ‘Differentiating your business through innovation and raising funds for your business’.

Other topics included, ‘Making your network work for your business’; and ‘Growing a thriving side hustle and diversifying your investment income’.

The bank stated that the videos and other information on the series, including a section that offered viewers the opportunity to download useful resources, could be accessed online.

Despite the challenges of the environment, particularly the COVID-19 pandemic, FCMB stated that it had remained resilient and sustained the tempo of its support for businesses.

It stated that it had championed and executed several initiatives in this regard, thereby enhancing customer experience.

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