Abuja: The Managing Director of First Bank Group, Olusegun Alebiosu, has emphasized the bank’s commitment to addressing financing gaps and utilizing digital solutions to tackle business challenges. Alebiosu articulated these goals during a session at the 31st Nigeria Economic Summit, themed ‘Expanding Access to Finance and Driving Growth Across Middle Market and Emerging Corporate Segments.’
According to News Agency of Nigeria, Alebiosu highlighted the critical role of the real sector in building a prosperous nation, noting that access to finance is essential for realizing this potential. He stated that the bank’s focus is on catalyzing sustainable growth and inclusion, particularly for small and medium enterprises (SMEs) and emerging corporates, through tailored products and services designed to enhance growth across their value chains.
Alebiosu further explained that FirstBank’s reform strategies are centered on championing inclusion, supporting sustainable development, and contributing to Nigeria’s path toward shared prosperity. He underscored the importance of collaboration, suggesting that partnerships across policy, industry, and technology sectors are vital to creating an environment conducive to business growth.
With a legacy of 131 years, FirstBank positions itself as a reliable partner for both SMEs and large corporates, offering a comprehensive suite of banking solutions aimed at fostering business innovation, improving resilience, and supporting economic diversification.
The Group Executive of Commercial Banking, North Division of FirstBank, Aishatu Bubaram, highlighted the significance of the middle market and emerging corporates in Nigeria’s future prosperity. Bubaram pointed out the challenges these businesses face, including limited access to finance and inadequate advisory support, which hinder their growth potential.
Bubaram reaffirmed FirstBank’s dedication to overcoming these barriers, viewing it as a national imperative that extends beyond banking. She emphasized the bank’s longstanding commitment to supporting Nigeria’s enterprises through financial solutions, technological advancements, and strategic partnerships that empower businesses to thrive. This commitment aims to transform Nigeria’s entrepreneurial potential into shared prosperity through inclusive finance, enabling policies, and collective action.