NIB celebrates retail credit and SME week

The National Investment Bank (NIB) has ended its “Retail Credit and SME” week celebration in Kumasi with a renewed call on customers and the general public to take advantage of the numerous products and services the bank has on offer.

The week-long celebration which was under the theme, “Still taking SME banking to your doorstep” was marked with activities such as, launch of the celebration, Pitch-a-tent activities at all NIB branches and selected public places, focus group discussion with SME business owners, health walk and a dinner to climax the celebration.

Speaking at the launch event, the Managing Director and Chief Executive Officer of the bank Mr. John Kweku Asamoah said that, NIB recognises the importance of SMEs to the growth and development of every economy.

“It is for this reason that a week is set aside every year to acknowledge and appreciate contributions of SMEs, identify their challenges and exchange ideas with them for the future,” he said.

Mr. Asamoah said the banking sector, like any other was dynamic and at any particular point in time there was the need for such interactions with key contributors to the existence of any business.

“It is for this reason also that the bank places much premium on taking SME banking to the doorsteps of business owners through branch expansion, product innovation and communication,” he said

This year’s Retail Credit & SME Week is the third to be organised by NIB.

The introduction of Retail Credit (We Pay for your Dreams) at a zero interest rate is to enable individuals own household items and purchase building materials for their building projects

The MD assured that even individuals who do not have accounts with the bank could still benefit from the Retail Credit Scheme.