FCMB clinches awards at global SME finance summit

First City Monument Bank (FCMB) has received mentions and certificates in two prestigious award categories – “SME Financier of the Year” and “Best Bank for Women Entrepreneurs” – at the Global SME Finance Summit and Awards 2021.

The bank was recognized for its consistent and outstanding support towards the growth of Small and Medium-scale Enterprises (SMEs) in Nigeria at the event organized by the International Finance Corporation (IFC), a member of the World Bank Group.

According to the IFC, the honourable mention of FCMB in the “SME Financier of the Year” award category is in recognition of the bank’s outstanding service to businesses operating in International Development Association (IDA) countries and fragile and conflict-affected situations.

In the “Best Bank for Women Entrepreneurs” category, FCMB was commended for offering exceptional services, including funding and capacity building to women-owned businesses.

Speaking at this year’s summit and awards, the CEO of the forum, Mr Matthew Gamser, said, “Every year we see more and more impressive institutions doing incredible things to help improve SMEs’ access to finance. We see great innovations.”

In her comment, Managing Director of FCMB, Mrs. Yemisi Edun said, “Once again, it confirms our commitment to national development through peerless support for the sector driving industrialisation, job and wealth creation.”

Commending IFC and the Global SME Finance Forum, she said: “FCMB will continue to offer the right solutions that would consistently boost the productivity and overall performance of the business of our customers.”