Wema Bank partners DBN to fund MSMEs

Wema Bank Plc said it has entered into partnerships with Development Bank of Nigeria (DBN) to improve access to cheaper funds for small businesses in Nigeria, recently. the bank said MSMEs and businesses in all segments can access up to N153 million and N610 million, respectively, from the bank. A statement by Funmilayo Falola of the bank’s Brands and Marketing Department, said under the arrangement, DBN will fund MSMEs through participating financial institutions, of which Wema Bank is one the selected institutions. Read more: