The United Bank for Africa (UBA) has organised a capacity building training in Onitsha, Anambra State for small and medium scale business entrepreneurs as part of its corporate social responsibility.
At the flag off of the workshop at the weekend, about 400 SME operators were trained in record keeping, cost reduction, stock compiling, financial and taxation planning, maximising opportunities, financial planning and projections.
The bank’s regional head of Anambra II, Mr. Anyanuno Ozioma, who flagged off the training, said the workshop was intended to add value to customers’ businesses through improving their knowledge and skills.
He added that it was conceptualised to fill the existing gaps observed in business and allay beneficiaries’ hitherto fears of expanding their businesses.
“Modern day business requires that an average businessman regularly updates his knowledge to cope with the changing economy. Besides, this is an internet/ technology driven age and our customers need to learn new ways of doing business and how to package their businesses for increased patronage,” he said.
Anyanuno said the turnout was a demonstration of the bank’s acceptance by the traders and the importance they attached to the workshop.
He promised a repeat of the exercise to accommodate more people.
In his remarks, the head of e-banking, Mr. Babatunde Ajayi, said the programme was part of the bank’s corporate social responsibility in furtherance of its responsiveness to customers’ needs.
He assured that UBA is totally committed to the overall growth and success of its customers.
Entrepreneurs who spoke after the training commended the bank for such a novel initiative which they said was the impetus their businesses really need to succeed.
