BrandArena: Diamond Bank Pledges More Support for MSME

Friday 19 July 2013

Diamond Bank Pledges More Support for MSME

Diamond Bank Plc has reiterated its resolve to continue to encourage entrepreneurs in the micro, small and medium scale enterprises (MSME) sector of the Nigerian economy.

Mr. Chima Nnadozie , Head, MSME Propositions of Diamond Bank, stated this in Abuja, the Federal Capital Territory (FCT) while addressing participants at the 34th Diamond BusinessXpress Enterprise Series. He noted that the purpose of the seminar which is being hosted across the country was to support owners of MSME grow their businesses through capacity building.
L-R Mr. Chima Nnadozie, Head, MSME Propositions,Diamond Bank Plc, Alhaji Abduraman Mohammed, Managing Director, Daily Need Distributors Limited, Mr. Collins Adeyemi, Chief Executive Officer, CA Diversified and Mr. John Ekpikhe, Senior Consultant, Mark-George Consultants at the Diamond Bank’s Business Xpress Enterprise Seminar held at Reiz Hotel in Abuja recently.
Nnadozie disclosed that the bank is supporting the SMEs with the realization that the wealth of a nation is directly connected to the level of entrepreneurship in that nation. “We are supporting the growth of SMEs because we recognize that the future of this nation lies in the hands of entrepreneurs, so any energy expended in building up that sector cannot be wasted. It is something that is going to benefit the economy in years to come,” he said.

He said the Diamond BusinessXpress Account (DBXA) is a current account designed to meet the needs of MSME such as hotels, supermarkets, businessmen, professionals, travel agencies, trading outfits, schools, churches, fast food outlets, restaurants, clubs and entertainment outfits.

He noted that DBXA account is available in three variants: Starter, growing and established; adding that it was designed to add value to micro, small and medium scale enterprises so that entrepreneurs could grow their business with smart banking.

The features and benefits of the account are zero COT, invitation to business development seminars, fixed monthly fee as low as N1,750, easy access to business loans, personal credit cards and access to a personal website at a discounted price amongst a host of others.


  1. Azeez Adesemowo21 July 2013 at 00:56

    Diamond bank effect is great. M) God continue to strengthen them... Their SME support a second to none

  2. What a great initiative.. But govt most create an enabling environment for SMEs to survive