Business #EndSARS: Access Bank announces N50 billion interest-free facility for...

#EndSARS: Access Bank announces N50 billion interest-free facility for businesses

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#EndSARS: Access Bank announces N50 billion interest-free facility for businesses

 

 

 

 

 

Access Bank Nigeria Plc. has announced N50 billion in support of Nigerians through interest-free loans and grants to support communities, the youths, and micro, small and medium-sized businesses.

#EndSARS: Access Bank announces N50 billion interest-free facility for businesses

This information was disclosed by the bank through its official LinkedIn page.

The bank’s official statement read thus,

“Now more than ever, we remain committed to our purpose of impacting lives positively. In light of the recent occurrences, we will be supporting Nigerian businesses with 50 Billion Naira interest-free loans and grants. Watch this space for more information.”

Why it matters

The impact of the pandemic, coupled with the hijacked #EndSARS protests that led to the looting of businesses and destruction of properties has thrown so many Nigerians into debts.

This show of support from Access Bank will help alleviate and stimulate economic activities, as well as produce many positive multiplier effects on the economy.

#EndSARS: Access Bank announces N50 billion interest-free facility for businesses
#EndSARS: Access Bank announces N50 billion interest-free facility for businesses
Parrot Nigeria
An online news aggregator

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