The United Bank for Africa (UBA) held a capacity building training in Onitsha, Anambra state during the weekend where over 400 Micro, Small and Medium Enterprise (MSMEs) entrepreneurs benefitted from the needed training.
The participants were trained in record keeping, cost reduction, stock compiling, financial and taxation planning, maximizing opportunities, financial planning and projections.
UBA’s Regional Head of Anambra, Anyanuno Ozioma, said the training was intended to add value to businesses through improving knowledge and skills. He said “…our customers need to learn new ways of doing business and how to package their businesses for increased patronage.” Anyanuno also pointed that 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 training to accommodate more beneficiaries.
The Head of E-banking, Babatunde Ajayi, said the programme was part of the bank’s corporate social responsibility (CSR) in furtherance of its responsiveness to customers’ needs while also assuring that the bank is 100 percent committed to the overall growth and success of its customers.
Entrepreneurs who spoke after the training commended and appreciated UBA for such a novel initiative which they noted is essential to the success of their businesses.