African Bank of the year, Guaranty
Trust Bank plc has launched “The SME MarketHub”; Nigeria’s 1st e-commerce portal
for Small and Medium Scale Enterprises (SMEs). The launch took place on Friday,
31st May 2014 at the prestigious Eko Hotel and Suites, Victoria
Island, Lagos. The e-commerce and business directory portal is part
of GTBank’s strategy to empower and support Nigerian SMEs and also contribute
to the growth and development of the Nigerian economy.
The portal is designed to
enable Nigerian entrepreneurs migrate their businesses online and take
advantage of the vast international and local sales opportunities within this
space. SME owners will also have access to a wide variety of business tools
that will enhance profitability as well as a community that will allow them
forge relationships with other business owners.
Commenting on the innovation,
the Bank’s Chief Executive Officer, Segun Agbaje said “There is no getting away
from the fact that economic conditions remain challenging for small and medium
scale enterprises (SMEs) in Nigeria. It is however vital that this integral
sector of the economy gets all the support it needs to drive growth and
development. E-commerce is widely acknowledged as a powerful tool for fully
enhancing business possibilities as it opens up a world of businesses to
customers and a world of customers to businesses. The speed, efficiency and
convenience with which transactions can be completed are distinct advantages
that e-commerce has over traditional means of transacting business. With the
introduction of the SME Market Hub, GTBank has provided SMEs an E-commerce
platform that allows small and medium business owners create & maintain an
online presence and expand their business frontiers to new markets and millions
of buyers that are online.
Also at the event, Segun Agbaje stated that a
percentage of every transaction carried out on the SME MarketHub will be
committed to the Bank’s “Autism Fund” dedicated to the building of an “Autism Resource
Center”. This Center will make it easier for parents, educators, therapists and
caretakers to have access to information that will augment and supplement their
efforts in providing quality care to individuals with Autism and special
disorders.
Guaranty
Trust Bank plc has been at the forefront of industry innovations within the
Nigerian financial services sector. These include the introduction of the
GTBank social banking; the first of its kind by any Nigerian Bank which allows
GTBank Social Account holders transfer money, purchase airtime, pay bills, and
confirm their account balances on Facebook as well as the introduction of a
‘Fast Track’ banking system that allows its customers deposit and withdraw
money within its branches using their debit cards.
Guaranty
Trust Bank plc was established in 1990 and has within the last 24 years come to
be recognized as one of the most innovative and service focused banks in the
Nigerian financial market space. The Bank operates from over 230 branches in
Nigeria and has banking subsidiaries in Cote D’Ivoire, the Gambia, Ghana,
Liberia, Sierra Leone, Kenya, Uganda, Rwanda and the United Kingdom.
9 Comments
GT loves smEs
ReplyDeleteNice job frm GT
ReplyDeleteFor smEs, GT is number one
ReplyDeleteDis is 9ice especially on the aspect of moving smEs online
ReplyDeleteCongrats to all SME owners
ReplyDeleteWow, it's realy lovely
ReplyDeleteJulia does everyfin, including business. U re cool girl!
ReplyDeleteWishing all these wil be done & get to does who need it
ReplyDeleteIt has been working for few pepl
ReplyDelete