Wema Bank, Access Bank, FCMB win big at DBN awards

By Kayode Tokede

Access, FCMB, Wema and other Deposit Money Banks bagged different awards at the 2021 edition of the DBN Service Awards.

Justifying the need for the awards, MD/CEO of Development Bank of Nigeria (DBN) Plc, Tony Okpanachi, said the DBN Service Ambassador programme.

Categories of awards includes PFI with highest disbursement count to women, to youths, to DBN focused locations, DBN PFI with most impact in terms of total end-borrowers financed business, and special recognition awards respectively.

Presenting the awards to the recipients, the DBN boss who was represented by Mr. Bonaventure Okhaimo, Chief Operating Officer, said the banks were chosen based on their performances in the metrics used for assessment by the development finance bank.

According to the citation read for Access Bank, the bank won the heart of the awarding institution for its contribution towards SMEs just as it was recognised for assisting a portfolio of over 400,000 MSMEs.

Over the past three years, Access Bank is said to have provided innovative solutions to support MSMEs by offering 20, 866 loans worth over $233million.

Besides, the bank’s commitment to SMEs development has seen over 200, 000 MSMEs benefitting thus far. With over 120000 SMEs onboarded.

FCMB earned plaudits for its support for SMEs. The bank has provided over N23bn loan guarantee for SMEs.

Wema Bank earned the special recognition award as the first commercial bank to draw from the DBN financing scheme, and being committed to driving growth in the MSMEs ecosystem.

Other award categories went to LAPO, Fidelity Bank respectively.

Platinum Service Ambassador awards, were also presented to banks and individuals.

The highpoint of the occasion was the presentation of the DBN Service Ambassadors to individuals across some of the awardee banks. Amongst the rollcall was Lauretta Duru, Omotolani Ketiku both of Access Bank while Toyin Ajuibulu, Oluremi Agboola, Augustine Ibelegbu, all of FCMB also earned recognition.

They, also, earned N5.5million each for training and of their choices in any part of the globe.

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