• Home
  • About Us
  • Contact Us
Friday, June 13, 2025
Star Lite News
  • Home
  • News
    • All
    • Business
    Olubunmi Tunji-Ojo-Public Holiday

    FG Declares Two Days Public Holiday For Sallah

    WAEC Candidate

    Tragedy in Ibadan: WAEC Candidate Killed by Stray Bullet During Police Chase

    Olubunmi Tunji-Ojo-Public Holiday

    FG Declares Public Holiday

    Catholic Priest-Kaduna

    Kidnapped Catholic Priest Freed in Kaduna unharmed

    EBS

    EBS to Launch New Flagship News Program “EBS Tonight” on May 5

    Public Holidays

    FG Declares Public Holidays for Easter Celebration

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    Mike Ejeagha

    ‘Gwogwogwo’ Music Legend Mike Ejeagha, Dies At 95 After Battling Prostate Cancer For 16 Years

    AMVCA

    AMVCA 2025 Awards: Full List Of Winners As Chioma Chukwuka, Femi Adebayo Win Best Actress, Actor

    Nathaniel Bassey

    Nigeria’s Gospel Music Maestro Nathaniel Bassey To Minister At Trump’s Inaugural Prayer Breakfast

    Doris Ogah

    Doris Ogah Becomes 45th Miss Nigeria

    Netflix

    Netflix Investments Give Life To Nollywood Projects

    BBNaija

    STREEZE become the third pair of housemates to be evicted from season 9 of the #BBNaija show

  • Lifestyle
    • All
    • Food
    GTCO Food and Drinks Festival

    Announcing The 2024 GTCO Food And Drink Festival: A Celebration Of Authentic Flavours

    MKH staff celebrate Chairman’s Mother as she clocks 66…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Business
  • Politics
  • World
No Result
View All Result
  • Home
  • News
    • All
    • Business
    Olubunmi Tunji-Ojo-Public Holiday

    FG Declares Two Days Public Holiday For Sallah

    WAEC Candidate

    Tragedy in Ibadan: WAEC Candidate Killed by Stray Bullet During Police Chase

    Olubunmi Tunji-Ojo-Public Holiday

    FG Declares Public Holiday

    Catholic Priest-Kaduna

    Kidnapped Catholic Priest Freed in Kaduna unharmed

    EBS

    EBS to Launch New Flagship News Program “EBS Tonight” on May 5

    Public Holidays

    FG Declares Public Holidays for Easter Celebration

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    Mike Ejeagha

    ‘Gwogwogwo’ Music Legend Mike Ejeagha, Dies At 95 After Battling Prostate Cancer For 16 Years

    AMVCA

    AMVCA 2025 Awards: Full List Of Winners As Chioma Chukwuka, Femi Adebayo Win Best Actress, Actor

    Nathaniel Bassey

    Nigeria’s Gospel Music Maestro Nathaniel Bassey To Minister At Trump’s Inaugural Prayer Breakfast

    Doris Ogah

    Doris Ogah Becomes 45th Miss Nigeria

    Netflix

    Netflix Investments Give Life To Nollywood Projects

    BBNaija

    STREEZE become the third pair of housemates to be evicted from season 9 of the #BBNaija show

  • Lifestyle
    • All
    • Food
    GTCO Food and Drinks Festival

    Announcing The 2024 GTCO Food And Drink Festival: A Celebration Of Authentic Flavours

    MKH staff celebrate Chairman’s Mother as she clocks 66…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Business
  • Politics
  • World
No Result
View All Result
Star Lite News
No Result
View All Result
Home Banking News

#BreakTheBias: Access Bank Set Financial Target Of N100Bn Loans To Women businesses

starliteadmin by starliteadmin
March 15, 2022
in Banking News, Business
0
0
SHARES
0
VIEWS
Share on FacebookShare on WhatsAppShare on Twitter

Tier-1 lender, Access Bank Plc, has said its year 2022 financial target is to give out loans of about N100 billion to women-led businesses.

According to the bank’s Group Head of the “W” Initiative, Abiodun Olubitan, said this is Access Bank’s way of having more inclusion of women-owned businesses and expanding them for a better growing economy.

Olubitan who spoke at the sidelines of the International Women’s Day Celebration organised by Access Bank in Lagos on Thursday, noted that the bank through the “W” initiative has been able to support several women for eight years while noting that 100,000 women have benefitted about N11 billion in terms of volume from the initiative.

She said, “So in terms of financial targets for loans, we are targeting to do around N100 billion this year because we are taking it further to have more women-owned businesses in the inclusive net”.

She further added that the bank has several products for women and these include the W power loan, Maternal Health Support Scheme (MHSS) and to date we have birthed about 7880 babies on MHSS within three months since inception.

Olubitan thereafter assured that Access Bank will continue with its drive for the “W” initiative and support and empower women across Nigeria and Africa at large.

Earlier in his opening remark, the Group Chief Executive Officer, Access Bank Plc, Herbert Wigwe, said that the world needs more women on board to address the several serious problems affecting humanity.

Wigwe noted that the bank is in a standard position of supporting women as even the board has almost 50 per cent of women. He explained that the “W” initiative goes all down to the grassroot and has programmes for women such as the MHSS which is structured to help women experience the joy of motherhood and access various fertility treatment at specialist hospitals at subsidized rates.

“For us at Access Bank, we believe that women need to be served better and deserve equal rights as men, deserve equal access to financial services because they represent the most devoted talents that one can find in the world”, he said.

Access Bank Plc. is a leading full-service commercial Bank operating through a network of more than 600 branches and service outlets, spanning three continents, 12 countries and 31 million customers. The Bank employs 28,000 people in its operations in Nigeria and has subsidiaries in Sub-Saharan Africa and the United Kingdom (with a branch in Dubai, UAE) and representative offices in China, Lebanon and India.

In July 2014, Access Bank unveiled the “W” initiative to accelerate a new and stronger wave of hitherto scanty female entrepreneurs in Nigeria. In addition to financial inclusion, the “W” initiative is a one-stop center of all of Access Bank’s women empowerment offerings. Some of these include capacity building programs exclusive to women, mentoring programmes, and maternal health services, all aimed at helping to build a bigger, stronger, and more sustainable society. Under the “W” initiative, participating women and their families have access to a wide range of opportunities.

Part of these privileges includes access to loans and credit facilities; access to the ‘W’ community in which they can get insights concerning family matters and finance matters. In addition, ‘W’ community also provides Women with access to information about several value-adding special offers for the home, including specially discounted offers as well as freebies on health, beauty, and fitness.

Tags: Abiodun OlubitanAccess Bank PlcGroup Chief Executive OfficerGroup Head of the “W” InitiativeHerbert WigweInternational Women’s Day CelebrationStarlitenews
Previous Post

FIRSTBANK REWARDS CUSTOMERS WITH 50 MILLION NAIRA WORTH OF PRIZES IN VERVE CARD CAMPAIGN

Next Post

Access Bank Commits to Improving Children’s Welfare with South Africa Charity Polo Tournament

starliteadmin

starliteadmin

Related Posts

Dangote

My company paid N450bn in taxes in 2024 – Dangote tells Pres. Tinubu

by starliteadmin
June 8, 2025
0

President of the Dangote Group, Aliko Dangote, recently informed President Bola Tinubu that his group of companies paid a whopping...

Number Plates

Nigerians to pay more for driver’s licenses, number plates as new rates take effect June 2025

by starliteadmin
June 8, 2025
0

The cost of obtaining a driver’s license or number plate in Nigeria is set to rise, following the approval of...

Zenith Bank Plc

ZENITH BANK RECOGNISED AS NIGERIA’S BEST BANK IN THE GLOBAL FINANCE BEST BANKS AWARDS 2025

by starliteadmin
June 5, 2025
0

Zenith Bank Plc has been named “Best Bank in Nigeria” in the Global Finance Best Banks Awards 2025, winning the...

Dangote Refinery

Dangote Refinery Symbolises Hope for Africa – ECOWAS President

by starliteadmin
June 1, 2025
0

Towering over the Lekki Free Zone on the edge of the Atlantic, the Dangote Petroleum Refinery is more than just...

Access Bank

Access Bank’s ₦193.5B Tech Spend Falls Short as Fraud Incidents Soar in 2024

by starliteadmin
May 21, 2025
0

In 2024, Access Holdings Plc-parent company of Access Bank-made a record-breaking ₦193.5 billion investment in technology to tackle financial fraud....

Fidelity Bank

10 reasons Fidelity Bank is unshakable in 2025

by starliteadmin
May 20, 2025
0

Fidelity Bank Plc has continued to solidify its reputation as one of Nigeria's most resilient and forward-moving financial institutions. With...

Next Post

Access Bank Commits to Improving Children’s Welfare with South Africa Charity Polo Tournament

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

  • Tinubu and Timothy

    Prince Chukwudi Timothy Appeals For Dialogue Instead Of Nationwide Protest

    0 shares
    Share 0 Tweet 0
  • Peter Obi says victory of Christ the King College at World Affairs Challenge heartwarming

    0 shares
    Share 0 Tweet 0
  • Family reveals Ifeanyi Ubah’s burial date

    0 shares
    Share 0 Tweet 0
  • ACEACRES24: Akmodel MD Makes Presentations At The 2Days Event (Photos)

    0 shares
    Share 0 Tweet 0
  • Legends of Nollywood Financial Summit Is Here, Meet The Speakers: Apostle Anselm Madubuko, Mrs. Bukola Agbaminoja, Pst. Moji Bakare Asieru-sweet, Others

    0 shares
    Share 0 Tweet 0

Recent Posts

  • Keyamo Orders Aviation Agencies To Stay Silent Amid Oshiomhole, Air Peace Face-off
  • Let’s Speed Up Efforts: JTAH Foundation Calls for Urgent Action to End Child Labour
  • Dr. Abdulhakeem Odegade Calls for Urgent Action on World Day Against Child Labour
  • “Builder Odegade Urges Nigerians to Believe in the Future on Democracy Day 2025”
  • Fidelity Bank Boosts Learning with Donations to Govt Sec. School Port Harcourt
Starlite news icon

Browse by Category

Archives

  • Home
  • About Us
  • Contact Us

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.

No Result
View All Result
  • Contact Us
  • About Us
  • Business
  • Politics
  • World
  • Entertainment
  • Lifestyle

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.

  • https://starlitenews.com.ng/2024/08/13/hydrogen-launches-healthy-heart-healthy-business-initiative-to-promote-heart-health-among-business-owners/
  • https://starlitenews.com.ng/2024/06/03/zenith-bank-recognised-as-the-most-sustainable-bank-in-nigeria-for-the-second-time-in-the-international-banker-awards-2024/
  • https://starlitenews.com.ng/2024/09/30/dangote-granite-mines-disburses-scholarships-to-students-in-ijebu-igbo-host-communities/
  • https://starlitenews.com.ng/2024/05/19/commande-wellbutrin-en-france-uniquement/