Access Bank announced N50 billion to support Nigerians through interest-free loans and grants to support communities, the youths, and businesses such as micro, small and medium-sized .
The bank disclosed this through its official LinkedIn page during the week.
The move was to support businesses following the COVID-19 lockdown that affected businesses as well as the looting that has trailed the #ENDSARS protests.
The bank said, ” In light of the recent occurrences, we will be supporting Nigerian businesses with N50billion interest-free loans and grants. Watch this space for more information.”
The support the Bank said is expected to help business owners and entreprenuers alleviate and stimulate economic activities.
“As a way of supporting SMEs and the working class of the country following the recent damage of properties and livelihoods experienced across the nation, @myaccessbank has rolled out interest free loans of up to N50bn.
“The fund is expected to serve as a kickstart to these affected communities, people and businesses. #AccessCares #All4One,” the bank added.
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