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Article: Nigeria: Diamond Bank invests N3bn to MSME growth.
- Article from:
- TendersInfo
- Article date:
- November 5, 2009
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Byline: babalu03
In bid to boost the development of the Micro, Small and Medium scale Enterprises (MSME), Diamond Bank Plc has invested the sum of N3 billion, even as the bank has reiterated its commtment to be lending this sector to help in developing the country's economy.
Speaking during a media launch of the proposition tagged Diamond BusinessXpress in Lagos over the weekend, the Bank's Senior Adviser, Retail Banking, Mr. Garry Marsh, noted that the MSME businesses are the backbone of all economies in the developed and developing world.
According to him, in Nigeria MSMEs has continued to contribute over 50 per cent of the gross domestic ...