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FCMB launches “Top-5-In-5” initiative to benefit SMEs

the initiative targets helping SMEs achieve growth through digital information

FCMB logo Nigeria

First City Monument Bank (FCMB) has rolled a new initiative dubbed “Top-5-In-5”. The top financial service provider is set to support small and medium-sized enterprises (SMEs) to grow and perform better.

The “Top-5-In-5″ will enable Small and Medium Scale Enterprises in Nigeria to increase their performance and productivity generally. The initiative which uses digital videos to give practical experience of various business specialties will enhance entrepreneurs’ knowledge in the field.

The FCMB wants to walk with SMEs and see them #TriveWithFCMB. The capacity-building initiative will initially run for seven weeks.

After the initial seven weeks, there will be weekly episodes released accessible to SMEs. Experts in different business fields will provide solutions to problems affecting SMEs from their valuable tips. They will give 5 tips in the given 5minutes.

Among the topics that the experts will handle include; Differentiating Your Business Through Innovation, Diversifying Your Investment Income, Growing a Thriving Side Hustle, and Making your Network Work For your Business.

The SME’s number one financial platform has continued to support businesses in Nigeria offering them several initiatives to boost productivity including free online training.

Viewers can get the tips and download the videos and other resourceful materials from https://top5.fcmb.com/.

Despite the challenges of the environment, particularly the COVID-19 pandemic, FCMB has remained resilient and has sustained the tempo of its support to businesses. As the number one Bank for SMEs in Nigeria, the financial institution has championed and executed several initiatives in this regard, thereby enhancing customer experience.

Among these are series of free online training, and capacity building and empowerment programs. For instance, in April, FCMB organized a Webinar on “Turning Challenges Posed by COVID-19 into Opportunities.”

Besides, the bank has organized various webinars in partnership with the International Finance Corporation (IFC), the most recent of which held on Tuesday, May 12 with the theme, “Adjusting Your Business Plan during Crisis”.

FCMB has also gone further to support borrowing business customers by providing payment moratoria (loan repayment holiday) during this period to ensure that they can survive, pay their workers, and remain in business.

These bespoke offerings and solutions from FCMB are geared towards ensuring that businesses are well equipped to overcome challenges and thrive in a sustainable manner

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