Diamond Bank Plc has again reiterated its support for SMEs in the recently organised SME Seminar held in Port Harcourt. The increasing need for financial freedom and entrepreneurship in the South-south was demonstrated recently when hundreds flocked to the business seminar organised by the bank at Atrium Centre on Stadium Road in Port Harcourt, Rivers State.
Speaking at the event, Head, Emerging Business of Diamond Bank, Mark Ifashe, said all hands must be on deck to groom business owners to cut down on the high mortality rate of new businesses. He said new businesses fail because of wrong practices. This, he said, prompted Diamond Bank to always bring entrepreneurs together for teaching and grooming to reduce casualty syndrome.
To drive home its passion for SMEs and commitment to entrepreneurial development, the South-South Regional Head of Diamond Bank, Nkem Okoro, welcomed participants, saying the seminar was deliberately made free to help them grow their businesses, imploring them to “make sure you take something home to implement in your business.”
The event had in attendance different participants from various industries ranging from full time business operators to professionals in the health sector including medical doctors, pharmacists and full time employees who also own their own businesses and desire to move their business to viable corporations.
A pharmacist and CEO of Kingzy Pharma Limited, Kingsley Amagba, commended Diamond Bank for its sustained passion for SMEs and for its loan policy that boosts business operations.
One of the speakers at the event, Eugenia Marcus, CEO of Truffles Global Resources, said the huge crowd was a sign that a paradigm shift has occurred, adding that it was gratifying that educated youths were taking over the business scene. She said it is the educated entrepreneurs that would move a business from SME and enterprises to corporations and conglomerates in the coming years.

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