BoI reiterates its commitment to boosting the industrial sector and rewards international bags


The Bank of Industry (BOI) has reiterated its commitment to impacting the Nigerian industrial sector by helping micro, small, medium and large enterprises achieve sustained growth that generates tremendous multiplier effects such as industrialization, creation jobs and poverty reduction for the economy. .

Managing Director/Chief Executive Officer, BoI, Olukayode Pitan, said this while reacting to the international awards won by the bank in recognition of its development impact, commitment to sustainable banking principles and innovative fundraising activities. of capital.

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The bank received the “Best Development Bank – Africa 2022” award at the International Banker 2022 Banking Awards; “Most Sustainable Bank 2022, Nigeria” at the World Finance Banking Awards; “Best SME Partner Bank of the Year” and “CEO of the Year” at The European Magazine Global Banking and Finance awards. The awards were presented in the heart of London’s financial centre.

Pitan’s achievements were also recognized by the European Magazine Global Banking and Finance Awards with “Banking CEO of the Year”, which he won for the second time, after winning it for the first time in 2019.

“We are committed to impacting the Nigerian industrial sector by helping micro, small, medium and large enterprises achieve sustained growth that generates significant multiplier effects such as industrialization, job creation and reduction in poverty for the economy.

“Our commitment to building a resilient organization that can meet our customers’ needs and operational challenges is unwavering. Over the past 5 years, we have raised over $5 billion in the international debt market to strengthen our capital to support our clients and the real sector in Nigeria. This has greatly enhanced the ability of the bank to continue to provide much-needed finance to Nigerian businesses to thrive and grow their business,” he said.

Between 2015 and June 2022, the Bank of Industry provided over $3.1 billion (₦1.36 trillion) in financing to over 4.3 million businesses in Nigeria through direct and indirect; resulting in the creation of approximately 9.6 million jobs.

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