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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.
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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
This is good sir
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
Good idea but how can we benefit I mean to apply.
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
Please How can we access the loan
Thanks for being so understanding of the plight of the masses.
That’s great. I am interested.
I bank with Access Bank, please how do I apply for the loan to help me reform my business
Good move.
I need it, how
would I apply
Good gesture. Please how can we access the loan? Any link for applications?
This is good news God bless access bank.please when can we start applying.