Access Bank offers interest-free N50 billion loans to mitigate COVID-19 and #ENDSARS effects

&NewLine;<p>Access Bank&comma; a Nigerian multinational commercial bank&comma; has set aside a whopping  N50 billion to support Nigerian businesses&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The fund&comma; interestingly&comma; is an interest-free loans that can be accessed by <a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">business<&sol;a> owners&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The bank disclosed this through its official LinkedIn page&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>According to Access Bank&comma; it is a grant to support communities&comma; youths as well as micro&comma; small and medium-sized businesses&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The financial move&comma; the bank says&comma; is to support businesses following the crippling COVID-19 lockdown&period; It will as well help to cushion the effects of looting and arson that trailed the <a href&equals;"&num;ENDSARS ">&num;ENDSARS <&sol;a>protests&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p> &OpenCurlyDoubleQuote;The fund serves as a kickstart to these affected communities&comma; people and businesses&period; &num;AccessCares &num;All4One&period;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>According to the bank&semi; &OpenCurlyDoubleQuote;Now more than ever&comma; we remain committed to our purpose of impacting lives positively&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>” In light of the recent occurrences&comma; we will be supporting Nigerian businesses with N50billion interest-free loans and grants&period; ”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p> The Bank&&num;8217&semi;s supports are expected to help business owners and entrepreneurs alleviate and stimulate economic activities&comma; as well as produce many positive multiplier effects on the economy&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;As a way of supporting <a href&equals;"https&colon;&sol;&sol;www&period;wsj&period;com">SMEs<&sol;a> and the working class of the country following the recent damage of properties and livelihoods experienced across the nation&comma; &commat;myaccessbank has rolled out interest-free loans of up to N50billion&period;” the bank said&period;<&sol;p>&NewLine;