Access Bank engage hospitality entrepreneurs in business growth series

Access bank Plc has engaged entrepreneurs in the hospitality industry in a business growth forum in Lagos.

The business growth forum is the maiden edition of the bank’s monthly series where it interacts with entrepreneurs across various sectors.

Aigboje Aig-Imoukhuede, group managing director/CEO, acknowledged the participants as the entrepreneurs that have the courage and vision to run their own business in whatever sector they find themselves making economies whatever they are globally.

“We have always known this and we have always believed that the future of Access Bank relies in our ability to serve great entrepreneurs like you,” he said.

He told the participants that aside credit and banking services, for the entrepreneur, the most important thing that their bank provides for them is advice, networking and just an ear to be there for them when they want to express themselves.

“These sessions are meant to be like a steroid injection into your business where you spend hours with intense discussions. We hope that through this process of monthly interaction, the process of building relationship would be improved,” he said.

Making a presentation on ‘Access bank value propositions to hospitality business’, Mike Nwankwo, zonal head for business banking, Access bank, Port Harcourt, saw great opportunities in the industry considering the positive forecast in the economy.

However, he noted there are challenges which include capital intensive, no trust of employees and high turnover rate.

“That is why Access Bank has put up this forum to interact with people like you to see how these challenges can be addressed to further enhance your business,” he said.

According to him, the bank has created a unique account that would address the business of the entrepreneurs.

“We know that paying COT will be very difficult for you, we know that you have employees who may need soft loans in form of salary advance, and we have created a hybrid current account that has many features to take care of these,” he said.