A Nigerian lender grabbed the top small business bank title after handing out nearly a quarter of all the cash that went to entrepreneurs last year. First City Monument Bank scored the award from the country's professional banking group after pumping money into farms, shops, telecom ventures, and real estate deals that line up with the sectors pulling the most weight in the economy.
The bank's managing director, Yemisi Edun, said through a rep that their whole point is backing the people who actually keep things running. They throw in mentorship and tech help on top of the loans so businesses can figure out how to stay afloat and expand without crashing.
The bank's managing director, Yemisi Edun, said through a rep that their whole point is backing the people who actually keep things running. They throw in mentorship and tech help on top of the loans so businesses can figure out how to stay afloat and expand without crashing.