A low-cost financing source and financial guidance were made available to economically active but underprivileged elements of Nigerian society by the Youth sub-directorate. The Bank provides for them through its on-lending initiatives.
This is an innovative partnership with regulated financial institutions, including commercial banks and microfinance institutions (MFIs), that offers our broad and diversified customer base both standard and non-interest banking products. Because of this, the Directorate has been able to accelerate, broaden, and support Nigerian youth.
The Bank makes major efforts to close recognized economic disparities impacting the nation's young through the youth sub-directorate. Our youth-focused funding and business advisory are targeted interventions made to deal with issues including entrepreneurial development, young unemployment, growth and development, company resuscitation, job creation, and poverty.
- We make sure that the loan conditions we offer are advantageous and designed to give our recipients the best possible chances of success.
- In order to provide businesses plenty of time to pay back loans and reduce default, the bank offers longer repayment plans.
- All of our funding and loans are industry-specific and catered to the particular requirements of microbusinesses, SMEs, and major corporations.
- We provide direct prospects for bettering business performance as well as collaborative relationships with other stakeholders since businesses need more than just funding to be successful.
- The bank provides disadvantaged and vulnerable groups at the grassroots that are generally underserved yet essential to economic growth with specific help and finance.
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