Don't Miss


Home   >   Business   >   Industries   >   Banking   >   GTBank launches e-Commerce portal for SMEs

GTBank launches e-Commerce portal for SMEs

By on June 3, 2014

Guaranty Trust Bank Plc (GTBank) has launched an e-commerce portal for small and medium scale enterprises (SMEs) in the country.  The portal tagged “The SME MarketHub” was unveiled in Lagos at the weekend.

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.
The portal is designed to enable Nigerian entrepreneurs migrate their businesses online and take advantage of the vast international and local sales opportunities within this space. SME owners would also have access to a wide variety of business tools that will enhance profitability as well as a community that will allow them forge relationships with other business owners.

Commenting on the innovation, Managing Director of  GTBank,  Segun Agbaje said: “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.”

E-commerce is widely acknowledged as a powerful tool for fully enhancing business possibilities as it opens up a world of businesses to customers and a world of customers to businesses.
The speed, efficiency and convenience with which transactions can be completed are distinct advantages that e-commerce has over traditional means of transacting business.

“With the introduction of the SME Market Hub, the bank said it has provided SME operators a platform that allows small and medium business owners create and maintain online presence and expand their business frontiers to new markets and millions of buyers that are online,” he said.

Agbaje added that  a percentage of every transaction carried out on the SME MarketHub would be committed to the bank’s “Autism Fund” dedicated to the building of an “Autism Resource Centre.”

aThe centre would make it easier for parents, educators, therapists and caretakers to have access to information that will augment and supplement their efforts in providing quality care to individuals with Autism and special disorders.

“About five years ago one of the big criticisms of GTBank was that it was not a retail bank. We had 250,000 customers and today we have 5.5 million retail customers.

“So when we choose to do something, we really sink our teeth in it. We believe again that the next frontier for us is the SME space again I’m going to start with the criticism of banks towards SME,” Agbaje said further.

 

 

[This Day]

2 Comments

  1. Custom Daudu Ajayi Dayo

    June 3, 2014 at 9:13 pm

    ADVERTISEMENT FOR AUCTION OF CARS!!!
    AUCTION FROM THE FEDERAL HOUSE
    GREETINGS TO EVERYONE OF YOU THAT IS READING THIS ADVERT IT HAS BEEN ADVERSITED ALL OVER THE NATION AND WEBSITE E.G TOKUNBO WEBSITE,NEWSPAPER,ITV, NTA NEWS,OSRC AND FM STATION

    We deal in all cars, you can also make a request for the vehicle you want to purchase and also your budget for any vehicle
    WE HAVE DIRECT TOKUNBO CARS THAT ARE VERY CLEAN AND BRAND NEW CARS FOR SALE AT A CHEAPER RATE
    CONTACT US ON:08160479827
    LIST OF CARS AND PRICE

    Acura MDX #500,000
    Acura TL #400,000
    Acura ZDX #700,000
    Audi A4 #550,000
    Audi A6 #400,000
    BMW 3-Series #650,000
    BMW 5-Series #450,000
    BMW X5 #750,000
    BMW X6 #550,000
    Ford Escape #600,000
    Ford Explorer #500,000
    Honda Accord #350,000
    Honda City #250,000
    Honda Civic #300,000
    Honda Crosstour #450,000
    Honda CR-V #550,000
    Honda Odyssey #650,000
    Honda Pilot #850,000
    Hyundai Accent #550,000
    Hyundai Elantra #350,000
    Infiniti FX35 #1000,000
    Infiniti FX45 #1500,000
    Infiniti QX4 #950,000
    Isuzu Trooper #750,000
    Jaguar S-Type #300,000
    Jeep Liberty #1500,000
    Kia Sorento #550,000
    Land Rover Discovery #1600,000
    Land Rover Freelander #1200,000
    Land Rover LR3 #850,000
    Land Rover LR4 #750,000
    Land Rover Range Rover #2,000,000
    Land Rover #1500,000
    Range Rover Sport #1600,000
    Land Rover Vogue #1300,000
    Lexus GS #1,000,000
    Lexus GX460 #950,000
    Lexus GX470 #1000,000
    Lexus LX 570 #750,000
    Lexus RX 300 #650,000
    Lexus RX 330 #750,000
    Lexus RX 350 #550,000
    Mazda 6 #550,000
    Mazda 626 #650,000
    Mazda MPV #650,000
    Mazda Tribute #950,000
    Mercedes-Benz C-Class #650,000
    Mercedes-Benz E-Class #750,000
    Mercedes-Benz G-Class #450,000
    Mercedes-Benz GLK #250,000
    Mercedes-Benz ML #200,000
    Mitsubishi Endeavour #350,000
    Nissan Altima #350,000
    Nissan Armada #550,000
    Nissan Maxima #250,000
    Nissan Murano #500,000
    Nissan Pathfinder #500,000
    Nissan Primera #300,000
    Nissan Quest #500,000
    Nissan Sentra #550,000
    Nissan Xterra #450,000
    Peugeot 406 #330,000
    Peugeot 407 #250,000
    Peugeot 607 #350,000
    Toyota 4Runner #850,000
    Toyota Avalon #600,000
    Toyota Avensis #750,000
    Toyota Camry #350,000
    Toyota Corolla #450,000
    Toyota FJ Cruiser #750,000
    Toyota Hiace #550,000
    Toyota Highlander #750,000
    Toyota HiLux #500,000
    Toyota Matrix #350,000
    Toyota Prado #750,000
    Toyota Rav4 #300,000
    Toyota Sequoia #350,000
    Toyota Sienna #400,000
    Toyota Tacoma #300,000
    Toyota Tundra #650,000
    Toyota Venza #500,000
    Toyota Yaris #450,000
    Volkswagen Beetle #200,000
    Volkswagen Golf #250,000
    Volkswagen Jetta #200,000
    Volkswagen Passat #250,000
    Volkswagen Touareg #300,000
    TRUCKS ARE AVAILABLE ALSO
    THANKS FOR PATRONIZING US.

  2. Custom Daudu Ajayi Dayo

    June 3, 2014 at 9:18 pm

    ADVERTISEMENT FOR AUCTION OF CARS!!!
    AUCTION FROM THE FEDERAL HOUSE
    GREETINGS TO EVERYONE OF YOU THAT IS READING THIS ADVERT IT HAS BEEN ADVERSITED ALL OVER THE NATION AND WEBSITE E.G TOKUNBO WEBSITE,NEWSPAPER,ITV, NTA NEWS,OSRC AND FM STATION

    We deal in all cars, you can also make a request for the vehicle you want to purchase and also your budget for any vehicle
    WE HAVE DIRECT TOKUNBO CARS THAT ARE VERY CLEAN AND BRAND NEW CARS FOR SALE AT A CHEAPER RATE
    CONTACT US ON:08160479827
    LIST OF CARS AND PRICE

    Acura MDX #500,000
    Acura TL #400,000
    Acura ZDX #700,000
    Audi A4 #550,000
    Audi A6 #400,000
    BMW 3-Series #650,000
    BMW 5-Series #450,000
    BMW X5 #750,000
    BMW X6 #550,000
    Ford Escape #600,000
    Ford Explorer #500,000
    Honda Accord #350,000
    Honda City #250,000
    Honda Civic #300,000
    Honda Crosstour #450,000
    Honda CR-V #550,000
    Honda Odyssey #650,000
    Honda Pilot #850,000
    Hyundai Accent #550,000
    Hyundai Elantra #350,000
    Infiniti FX35 #1000,000
    Infiniti FX45 #1500,000
    Infiniti QX4 #950,000
    Isuzu Trooper #750,000
    Jaguar S-Type #300,000
    Jeep Liberty #1500,000
    Kia Sorento #550,000
    Land Rover Discovery #1600,000
    Land Rover Freelander #1200,000
    Land Rover LR3 #850,000
    Land Rover LR4 #750,000
    Land Rover Range Rover #2,000,000
    Land Rover #1500,000
    Range Rover Sport #1600,000
    Land Rover Vogue #1300,000
    Lexus GS #1,000,000
    Lexus GX460 #950,000
    Lexus GX470 #1000,000
    Lexus LX 570 #750,000
    Lexus RX 300 #650,000
    Lexus RX 330 #750,000
    Lexus RX 350 #550,000
    Mazda 6 #550,000
    Mazda 626 #650,000
    Mazda MPV #650,000
    Mazda Tribute #950,000
    Mercedes-Benz C-Class #650,000
    Mercedes-Benz E-Class #750,000
    Mercedes-Benz G-Class #450,000
    Mercedes-Benz GLK #250,000
    Mercedes-Benz ML #200,000
    Mitsubishi Endeavour #350,000
    Nissan Altima #350,000
    Nissan Armada #550,000
    Nissan Maxima #250,000
    Nissan Murano #500,000
    Nissan Pathfinder #500,000
    Nissan Primera #300,000
    Nissan Quest #500,000
    Nissan Sentra #550,000
    Nissan Xterra #450,000
    Peugeot 406 #330,000
    Peugeot 407 #250,000
    Peugeot 607 #350,000
    Toyota 4Runner #850,000
    Toyota Avalon #600,000
    Toyota Avensis #750,000
    Toyota Camry #350,000
    Toyota Corolla #450,000
    Toyota FJ Cruiser #750,000
    Toyota Hiace #550,000
    Toyota Highlander #750,000
    Toyota HiLux #500,000
    Toyota Matrix #350,000
    Toyota Prado #750,000
    Toyota Rav4 #300,000
    Toyota Sequoia #350,000
    Toyota Sienna #400,000
    Toyota Tacoma #300,000
    Toyota Tundra #650,000
    Toyota Venza #500,000
    Toyota Yaris #450,000
    Volkswagen Beetle #200,000
    Volkswagen Golf #250,000
    Volkswagen Jetta #200,000
    Volkswagen Passat #250,000
    Volkswagen Touareg #300,000
    TRUCKS ARE AVAILABLE ALSO
    THANKS FOR PATRONIZING US.