According to a post on Punch Nigeria website,
First Bank of Nigeria has introduced non-collateral loans for Small and
Medium Enterprises in an effort to drive the growth of the SME
sub-sector.
The Head, SME Banking, Mr. Oluwafemi Akinfolarin, who spoke at the bank’s product fair event in Lagos recently, said the development would help the SMEs to overcome the challenge of lack of access to credit.
The Head, SME Banking, Mr. Oluwafemi Akinfolarin, who spoke at the bank’s product fair event in Lagos recently, said the development would help the SMEs to overcome the challenge of lack of access to credit.



