First Bank Partner’s with YALDA on Youth Development

Head, Emerging Corporate First Bank Cecilia Majekodunmi

In enlightening the youths on how so to source for loan to establish a business, YALDA, divided its participants into groups namely the Social group, and the Business groups.

At the business orientation seminar, key investors and bankers were invited to educate the various groups on what to do before establishing the business, how to go about it and things to consider.

One of the guest speakers at the event Mrs. Cecilia Majekodunmi, Head of Emerging Corporate, First Bank Nigeria PLC, highlighted the role of First Bank at encouraging small scale business in Nigeria.

“The Bank’s arrowhead for Emerging Corporate, is set up to cater for businesses with turnover between N500m-N2Bn.The business unit will meet the needs of firms in the business of Distribution, Importation, Transportation,  Hospitality etc”.

Mrs. Cecilia, noted that challenges people go through before establishing a business, is not all about capital alone, but the way they prepare the business plan to attract investors.

She stressed that First Bank Plc. is known to be the Banker for Nigerians as they offer a wide variety of products that are designed to meet the needs of individual, Small Businesses, Emerging Corporate, Corporate Banking, Institutional Banking and  Public Sector.

In her closing remark, she noted that, “it is better you start small and before you know it, you are there. Have passion for what you are doing”.