GTBank Empowers SMEs, Launches GTBank SME Market Hub
GTBank SME Market Hub
GTBank Plc recently launched an e-commerce portal in Nigeria called GTBank SME Market Hub in its bid to empower small and medium scale enterprises operating in the country and improve their visibility in the e-commerce space. Guaranty Trust Bank, a Nigerian bank that is known for its love for the internet and online businesses launched the e-commerce portal for local SMEs.
The GTB SME Market Hub, the first of its kind, is a free, secure e-commerce and business directory platform where businesses can list, promote, and sell their products and services online.
On the GTBank SME Market Hub platform, customers receive free web pages with e-commerce tools, unique GTBank SME Market Hub website address, personalized online storefront, shopping cart with no consignment fee, inventory payment gateway, as well as order and inquiry notifications.
Addressing the newsmen at the formal launch in Lagos, Lola Odedina, Head, External Communication and Public Affairs, said the GTBank SME Market Hub platform is open to small to medium business owners from every sector of the economy that have registered business in Nigeria and operate GT Business Account, Corporate Current Account or GT Max Account.
She noted that the e-commerce and business directory portal is part of GTBank’s strategy to empower and support Nigerian SMEs and also contribute to the growth and development of the Nigerian economy.
She said the portal is designed to enable Nigerian entrepreneurs to migrate their businesses online and take advantage of the vast international and local sales opportunities within the e-commerce space.
SME owners will also have access to a wide variety of business tools that will enhance profitability as well as a community that will allow them to forge relationships with other business owners, she said. She noted that GTB has registered a total of 5,200 (five thousand, two hundred merchants) to date, saying that the Ghana and East African versions will be launched before the end of the years as both countries have a critical mass of small businesses.
There is no getting away from the fact that economic conditions remain challenging for small and medium scale enterprises (SMEs) in Nigeria. It is however vital that this integral sector of the economy gets all the support it needs to drive growth and development.
With the introduction of the GTBank SME Market Hub, GTBank has provided SMEs an e-commerce platform that allows small and medium business owners to create and maintain an online presence and expand their business frontiers to new markets and millions of buyers that are online.