PremiumTrust Bank Collaborate With NIRSAL To Boost Agribusiness, SMEs

PremiumTrust Bank has collaborated with the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) to enhance the agribusiness sector in the country as well as empower Micro, Small, and Medium-scale Enterprises.

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This was revealed in a statement issued by the bank on Monday.

Speaking during a courtesy visit by the executive management of NIRSAL to PremiumTrust Bank in Lagos, the Bank’s Managing Director/Chief Executive Officer, Emmanuel Emefienim, was quoted as saying, “As a bank, we recognise that agric is an area that requires a high level of specialisation, which we have.

“We would ensure that we leverage this opportunity to enable transformation and unleash the potential of the sector as a major job creator and driver of economic growth.”

Also commenting, Abass Masanawa, the MD/CEO, NIRSAL Plc, commended PremiumTrust Bank for facilitating the partnership whilst emphasising that the development was particularly significant not just to both organisations but to the Nigerian economy and MSMEs ecosystem.