Accra, June 16, GNA – As part of Fidelity Bank’s COVID-19 response strategy, the bank has partnered with the International Finance Corporation (IFC) to present a four-part webinar series to support Small and Medium Enterprises (SMEs) with financial and business strategies.
This would enable them to navigate the economic downturn caused by the negative impact of COVID-19.
The webinar series, on the topic: “An SME Perspective: Surviving Today to Thrive Tomorrow”, was part of Fidelity’s new thought leadership series.
According to a statement signed by Mr Julian Opuni, Fidelity Bank Managing Director and copied to the Ghana News Agency in Accra on Tuesday stated.
The statement described SMEs as a critical segment of the economy and the COVID-19 pandemic has significantly impacted on that sector, among others.
“We, at Fidelity, felt that in addition to other measures like loan moratoriums and loan restructuring, it was important to present SMEs with practical tools to help them to sustain their businesses through this challenging time.
“Additionally, we supplemented our efforts by visiting some of our customers to further understand the difficulties that they are facing during this COVID-induced economic downturn,” the statement said.
It said Fidelity Bank would continue to provide SMEs and other businesses support and educative webinars during and after the pandemic.
About 200 SMEs participated in the webinar and the majority of the attendees expressed satisfaction and appreciation for the insightful lessons learnt.
The Bank has two subsidiaries: Fidelity Asia Bank Limited and Fidelity Securities Limited. It currently has 75 branches, about 2000 agents, and over 114 ATMs nationwide.
GNA