Signature Bank expands to Kano, targets SMEs

Signature Bank, one of Nigeria’s emerging financial institutions, has deepened its footprint in Northern Nigeria with the opening of a new branch in Kano, pledging strong support for Small and Medium-Scale enterprises (SMEs), traders, and other key sectors driving the region’s economy. Speaking at the branch inauguration on Tuesday, the Managing Director of Signature Bank, […]

Signature Bank, one of Nigeria’s emerging financial institutions, has deepened its footprint in Northern Nigeria with the opening of a new branch in Kano, pledging strong support for Small and Medium-Scale enterprises (SMEs), traders, and other key sectors driving the region’s economy.

Speaking at the branch inauguration on Tuesday, the Managing Director of Signature Bank, Mr. Nixon Iwedi, said the new outlet marks a strategic move to boost economic activities in Kano and across Northern Nigeria through innovative and inclusive banking services.

Iwedi emphasized that the bank would focus on delivering secure, reliable, and technology-driven financial solutions tailored to meet the needs of local businesses, farmers, traders, and professionals.

“We are committed to serving the people of Kano by providing modern financial services that will enhance trade, agriculture, and entrepreneurship. Our goal is to be a catalyst for business growth and economic empowerment in Northern Nigeria,” he said.

 

 

 

The Chairman of the Bank, Alhaji Tijjani M. Borodo, noted that the bank’s expansion into Kano aligns with its mission to promote financial inclusion and broaden access to credit facilities for SMEs.

 

 

 

He praised the Kano state government for creating an investor-friendly climate that continues to attract corporate investments into the state.

 

 

 

Similarly, Governor Abba Kabir Yusuf of Kano State described the bank’s entry as a major endorsement of Kano’s growing economic potential and a boost to its investment profile.

 

 

 

He assured investors of his administration’s continued support to enhance the ease of doing business, improve security, and implement policies that support sustainable economic growth.

 

 

 

Governor Yusuf also urged financial institutions to play a greater role in supporting small businesses through accessible and low-interest credit facilities.