Connect with us

BUSINESS

Unity Bank introduces UnityBiz Account to drive SME franchise

Published

on

Unity Bank Plc emerge best performing stock in Q1 with 121.82% growth

Unity Bank Plc has introduced the Unity Biz Account as part of its bouquet of SME offerings aimed at supporting micro, small and medium enterprises (MSMEs).

The SME space is a key market focus for the Bank as it provides the platform that will enable it tap into the business opportunities in the segment which has been identified as being the fulcrum of economic growth in the country.

The value proposition embedded in the UnityBiz current account lies in the fact that structured businesses in the SME space are able to access both the asset and liability side of the product at concessionary rates, which benchmark the best pricing offered in the industry.

The SME target market includes Retailers, Social Services, Schools, Contractors, Professional Service firms, Wholesalers, Manufacturers, Hospitality, NGOs, Clubs and Associations, Suppliers and the Agri-business value chain. The purpose is to offer the SME product that offers unbeatable value.

The UnityBIZ current account is also bundled with the Business Debit Card; a Verve- card which allows a maximum of five cards per SME such that each card can be programmed with separate transaction dynamics.

Unity Bank also offers SMEs financial advisory services as well as a free quarterly counseling and networking sessions to guide businesses that subscribe to the Unity Biz scheme.

Financial products analysts are of the opinion that Micro, Small and Medium-sized Enterprises, manufacturing, retail as well as wholesale segments of the market stand to benefit from the Unity-Biz product.

Unity Bank, a major promoter of agro-businesses, expects that agro-allied and packaging companies keying into the on-going diversification efforts of both federal and state governments will find the Unity-Biz account useful as a supporting tool for their operations.

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. The Verge Communications (NEWSVERGE) is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

Comments
NIGERIA DECIDES

NIGERIA DECIDES

Shell Digital Plan RESPONSIVE600x750
Shell Digital Plan RESPONSIVE600x750
GTB
JoinOurWhatsAppChannel