FNB’s SME Development team sits within the business SME segment which is mandated with implementing Enterprise and Supplier Development. One of the key responsibilities of this team is to manage Enterprise and Supplier Development initiatives which includes SME education and SME Funding.
Unlike other corporates and our competitors, FNBs strategy is not to find ‘easy’ ways to stash this cash, but rather to make a meaningful difference in the business’ they support.
Arising from the Business banks tradition of delivering help to entrepreneurs and more so black owned businesses, FNB has made a conscious priority to focus on an SME Development strategy to catalyse, support and grow these businesses in a multitude of areas.
FNB’s ESD interventions are designed to help black-owned SME’s in our supply chain and customer base to help nurture existing and new suppliers, to accelerate their growth through a holistic offering based on the pillars of learning, growth support, funding, and market access, while offering business’ a tailored banking solution.
Entering into the 4th industrial revolution, FNB has given much consideration to their digital strategy. With emphasis on bringing businesses along the journey of equipping ESD’s with the knowledge, insights and practical skills to evolve their businesses to ensure they stay relevant and profitable within these times.
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