Stanbic IBTC Holdings, a member of Standard Bank Group, has reaffirmed its commitment to supporting women and women owned businesses by empowering and nurturing their growth through removing financial barriers.
Speaking at the inaugural Bloom Weekend, Head of Enterprise Banking, Stanbic IBTC Bank, Olajumoke Bello, highlighted women’s critical role in the society; affirming them as its backbone. She noted that when women are provided with comprehensive business education and equitable access to financial services alongside affordable credit options, they unlock an extraordinary capacity for growth, leadership, and unparalleled success.
Explaining the far-reaching positive impact of this kind of empowerment, Olajumoke said the Stanbic IBTC Blue Blossom business account is specifically tailored to support the unique needs of women entrepreneurs and business owners throughout Nigeria.
This account offers a range of specialised services and resources to empower women in business, foster growth, and facilitate the smooth operation of their enterprises.
Olajumoke stated that introducing women to the fundamental business concepts and strategies and providing them access to equitable financial services and affordable credit options can unlock their infinite potential for growth, leadership, and success. By removing barriers and ensuring equal opportunities, women can thrive in business, demonstrating their vast capabilities and driving positive change.
She explained that the Blue Blossom community aims to remove barriers for women 18 and older; ensuring seamless access to a wide range of services. These services include financial solutions and non-financial support to foster women’s development. Through the Blue Blossom community, women can get adequate guidance and resources to become their best versions.
“This vision of empowering women financially is a strategic economic imperative, in addition to being a step toward gender equity. By focusing on equipping women with the necessary tools and resources, we can tap into a wellspring of hitherto untapped potential that can drive substantial progress across multiple sectors,” Olajumoke said.