Access Bank Plc has commenced collaboration with stakeholders in the hospitality industry to develop a road map to address the growth challenges of the industry.
This was the outcome of a business growth forum the bank organised for operators in the hospitality business at its headquarters in Lagos.
The forum was organised by the bank to interact with operators, with a view to understand the industry so as to design products and services to serve it well.
Speaking at the forum, Managing Director/Chief Executive, Access Bank, Mr. Aigboje Aig-Imoukhuede said, “what is clear from this interaction is that we need to work with operators in the industry to develop a road map to address the concerns and challenges confronting industry’.
In his opening address, he said, “The entrepreneurs that have the courage and vision to run their own business in whatever sector they find themselves make economies whatever they are globally. We have always known this and we have always believed that the future of Access Bank in our ability to serve great entrepreneurs like you.
“In Access Bank, we tend not to do things until we are ready to do them and at a standard that is comparable to anywhere in the world. This is the first of our monthly series where we will interact with entrepreneurs across various sectors. These sessions are meant to be like a steroid injection into your business where you spend hours with intense discussions. We believe that business is something you take seriously and we are here to serve you.
“Aside from credit and banking services, for the entrepreneur, the most important thing that your bank provides for you is advice, networking and just an ear to be there for you when you want to express yourself. We hope that through this process of monthly interaction, the process of building relationship would be improved.”
Speaking on what Access Bank’s plan for the hospitality industry, Group Head, Business Unit, South, Mike Nwankwo said, “There are great opportunities in the industry considering the positive forecast in the economy. We know that even with the opportunities, the challenges are there. The industry is capital intensive, there is no trust of employees and the turnover rate is much. That is why Access Bank has put up this forum to interact with people like you to see how these challenges can be addressed to further enhance you business.
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