Women in SMEs to benefit from Access Bank/IFC training

Accra, July 14, GNA - Access Bank is partnering the International Finance Corporation (IFC) to hold a 2-day financial strengthening workshop for women in SMEs.

The workshop is a continuation of its financial inclusion strategy that seeks to promote economic empowerment

The capacity building workshop, which will be held in Accra from July 15th -16th, falls under the Bank's 'Power Breakfast Series', which was launched last year to equip and enhance the operational efficiency of SMEs across the country.

A statement from Access Bank said participants for the workshop will undergo training in basic financial modules such as Business Financing, Book keeping and cash flow management among others.

The Managing Director of Access Bank, Mr. Dolapo Ogundimu, according to the statement, said the focus of the workshop: 'further underscores our commitment as a Bank that is concerned about the growth of businesses in the SME sector.'

'Research shows that businesses owned by woman are the most disadvantaged and we want this trend to change. So through our W initiative, we are helping women in SMEs to reposition their businesses for better growth and we believe that a forum such as this is one way to resolve this problem.

Access Bank officially launched its unique approach to banking women known as the 'W' initiative earlier in March this year.

The 'W' seeks to inspire, connect and empower women across the country by offering a bundle of tailor made products, services and opportunities to women, ranging from young professionals, women with family and women in business.

The statement said the focus on women forms part of the Bank's 'W' Initiative value propositions to give women in business financial literacy to help grow their enterprises.

Adjudged Bank of the Year in 2014, Access Bank continues to demonstrate its leading role in the banking industry through innovative products and strategic partnerships that is helping to transform Ghana's economic development.

The Bank continues to commit resources to improve well-being in key areas such as education, health and social improvement across several communities in Ghana.

It is also committed to sustainable business practices, driving profitable sustainable growth that is also environmentally responsible and socially relevant.

GNA