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Home Business News ENDSARS

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

Chidi EmenikebyChidi Emenike
2 years ago
in ENDSARS, Financial Services
Access Bank Plc, Nigeria's Creative Industry needs urgent financing from commercial banks to bridge unemployment gaps - Herbert Wigwe

Herbert Wigwe, GMD of Access Bank Plc

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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.

READ: Access Bank gets regulatory approval to become a Holding Company

READ: Banks lay-off 2,477 staff during lock-down

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.”

READ: Access, GTBank, two others pay PWC & EY N1.5 billion as Audit fees in H1 2020 

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.

READ: $70 billion per annum will be needed to tackle pandemic induced poverty – World Bank

READ: WTO DG: US, EU divided over Nigeria’s Okonjo-Iweala and South Korea’s Yoo

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.

READ: #EndSARS: Popular hacking group, Anonymous allegedly hacks Nigerian Govt. websites

Related

Tags: Access BankBusiness News

Comments 38

  1. David5 says:
    October 24, 2020 at 10:14 am

    This is good sir

    Reply
    • Aniefiok Michael Udoh says:
      October 24, 2020 at 10:01 pm

      Glory be to GOD, thanks so much Access Bank GOD bless you more and more. Please I need this Grant for revamping my business. Am in Lagos

      Reply
  2. Shamsu Abubakar khalid says:
    October 24, 2020 at 10:23 am

    Good idea but how can we benefit I mean to apply.

    Reply
  3. Abdulkudus Isah says:
    October 24, 2020 at 10:30 am

    May Almighty God reward you all for your kind gesture in as far you stand to help an individual, this how God will continue to elevate you all and guide you onto the right path. Am Access and will always be an Access bank member. One love one Nigeria

    Reply
  4. Odohsimeon1 says:
    October 24, 2020 at 12:17 pm

    Please How can we access the loan

    Reply
    • Roland Olaleye says:
      October 24, 2020 at 3:24 pm

      Thanks for being so understanding of the plight of the masses.

      Reply
  5. Hamzat Abbas says:
    October 24, 2020 at 1:40 pm

    That’s great. I am interested.

    Reply
  6. Joy Chisom says:
    October 24, 2020 at 2:07 pm

    I bank with Access Bank, please how do I apply for the loan to help me reform my business

    Reply
  7. Anonymous says:
    October 24, 2020 at 2:12 pm

    Good move.

    Reply
  8. Anonymous says:
    October 24, 2020 at 2:15 pm

    I need it, how
    would I apply

    Reply
  9. Princewill Obika says:
    October 24, 2020 at 2:34 pm

    Good gesture. Please how can we access the loan? Any link for applications?

    Reply
  10. Anonymous says:
    October 24, 2020 at 3:17 pm

    This is good news God bless access bank.please when can we start applying.

    Reply
  11. Ishmael Peterside says:
    October 24, 2020 at 3:22 pm

    Brilliant move worth emulating by others. God bless Nigeria

    Reply
  12. Hadiza ibrahim says:
    October 24, 2020 at 3:31 pm

    Is better

    Reply
  13. Anonymous says:
    October 24, 2020 at 3:46 pm

    How can I apply for the loan.

    I need financial a help to start up a fish farm business

    Reply
  14. Chidi Ibeleme says:
    October 24, 2020 at 4:03 pm

    How do interested persons get the loan. How do I apply?

    Reply
    • Christiana John Udoma says:
      October 25, 2020 at 11:21 am

      Thanks so much for the move, may God continue to upgrade u to the next level. I’m an Access Bank member and will ever be without regret,when and how do I apply, thanks

      Reply
  15. Edafe Deborah says:
    October 24, 2020 at 4:56 pm

    Am interested.how can I access the loan

    Reply
  16. Bello Oluwatoyin says:
    October 24, 2020 at 5:15 pm

    Thank you for your efforts sir, the Lord will reward you

    Reply
  17. Sunny says:
    October 24, 2020 at 5:18 pm

    This is great sir…. Guidelines on how to access this loan sir

    Reply
  18. Joy ogbu says:
    October 25, 2020 at 2:48 am

    Oh very good sir, but how can we apply to the loan sir

    Reply
  19. Prince U says:
    October 25, 2020 at 5:09 am

    Good and fine. But how can one access the interest free loan?

    Reply
  20. Anonymous says:
    October 25, 2020 at 6:18 am

    This is not true. There’s no information about this loan on their LinkedIn page or online anywhere.

    Reply
  21. Amu Theresa says:
    October 25, 2020 at 7:11 am

    Good morning please I need the load How can I apply please

    Reply
  22. Nwankwo Vincent C says:
    October 25, 2020 at 7:29 am

    Please send me details how to access it, a good move in the right direction and that’s why I remain your customer over years because of your effective response to customers need…..thanks

    Reply
  23. Olamilekan Hammed says:
    October 25, 2020 at 2:03 pm

    Thanks so much am access I will be access Bank customer for life ,how can we access to the loan?

    Reply
  24. Chrismond says:
    October 25, 2020 at 5:47 pm

    Please how will I apply for the loan?

    Reply
  25. Jennifer Iyojie says:
    October 25, 2020 at 9:10 pm

    Pls send information on how to access the loan

    Reply
  26. Muhammad Bello says:
    October 25, 2020 at 9:20 pm

    Great! When shall the portal open?

    Reply
  27. Dele ODUMOSU says:
    October 26, 2020 at 12:32 am

    If you have that much money, please, please, please, invest in infrastructure that is badly needed in the country, and we the masses,we’ll walk hand in hand to make sure that you will reap the rewards of your investment, we need good roads intercity rail network and electricity,

    Reply
  28. Enobong Rankin Veshmastru says:
    October 26, 2020 at 2:44 am

    God bless Access Bank, God bless the management of this bank for this great decision and opportunity given to the populace. God Bless you

    I need this loan , for my business. How do I access this Grant?. I bank with Access Bank.

    Reply
  29. Anonymous says:
    October 26, 2020 at 4:05 pm

    This is good,iam interested

    Reply
  30. Joseph otache says:
    October 27, 2020 at 2:23 pm

    Thank you access, how can I apply for it

    Reply
  31. Uchenna Emma says:
    October 28, 2020 at 12:43 am

    Pls how do I access the grant as it is not shown here in the article posted,may God bless u so much access bank for coming to our aid,all I want to know is how to go about the process,the code or the web site to reach u thank you

    Reply
  32. chinedu says:
    October 30, 2020 at 11:57 am

    Thank you so much Access Bnak for this help,.. may i know how to apply for the loan

    Reply
  33. Okanlawon Deborah Bolanle says:
    November 2, 2020 at 12:48 am

    Thanks to access bank
    Please how can I apply ?

    Reply
  34. Okutu Uchenna says:
    November 12, 2020 at 7:08 pm

    First and foremost thanks u access bank for notifying the problem of Ur customer. Pls I’m a young man who is into agriculture and I need this loan to put into farm

    Reply
  35. Saidi Omolade sekinah says:
    December 1, 2020 at 8:15 pm

    If this is true may God continue to bless you all in access bank.

    How can we access the loan and how do we pay back.

    Reply

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