Access Bank declares N50 billion interest free loan for businesses

Access Bank Plc has announced 50 billion Naira in support of Nigerians through interest-free loans and grants to support communities, the youths as well as micro, small and medium-sized businesses.

The bank disclosed this through its official LinkedIn page, NATIONAL PANEL gathered.

Nation reports that it was a part of the bank's move to support businesses following the crippling COVID-19 lockdown as well as the looting and arson that trailed the #ENDSARS protests nationwide.

 “Now more than ever, we remain committed to our purpose of impacting lives positively.

” 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 bank stated.

The support by Access Bank is expected to help business owners and entreprenuers alleviate and stimulate economic activities, as well as produce many positive multiplier effects on the economy these days.


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