By Nkiru Nnorom
DIAMOND Bank Plc has reiterated its support for Small and Medium Enterprises, SMEs, in the country, while listing the qualities entrepreneurs must possess to succeed in that terrain.
Speaking at a seminar oganised by the bank in Port-Harcourt, Mark Ifase, Head, Emerging Business, Diamond Bank, noted that new businesses fail due to wrong practice. Ifase said that all hands must be on deck to groom business owners to cut down on the high mortality rate of new businesses. This, he said, prompted the bank to always bring entrepreneurs together for teaching and grooming to reduce casualty syndrome.
In his address at the event, Nkem Okoro, South-South Regional Head of the bank, said the seminar was deliberately made free to help the entrepreneurs grow their businesses and implored them to make sure they “take something home” to implement in their business.
The event had in attendance different participants from different industries ranging from full-time business operators to professionals in the health sector including medical doctors, pharmacists and full-time employees who also own their own businesses and desire to move their business to viable corporations.
A pharmacist and CEO of Kingzy Pharma Limited, Kingsley Amagba, commended the bank for its sustained passion for SMEs and its loan policy. Another participant, Eugenia Marcus, CEO of Truffles Global Resources, said it was gratifying that educated youths were taking over the business scene.