Abuja - The Bayelsa State has commissioned
the first microfinance bank in the state.
Known as Izon-Ibe Microfinance, the bank is located at
Azikoro Road in Yenagoa, the state capital.
State Governor, Seriake Dickson, has officially opened
Speaking during the commissioning of the bank, Dickson
said the bank would provide the needed assistance to both budding and
established businesses in the state.
“This is an epoch event," said Dickson.
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He pointed out the Izon-Ibe microfinance bank was the
first state owned microfinance bank, open to all Izon people and all those
living and doing business in Bayelsa.
The bank also has branches in all the local government
areas and Dickson said he would be commissioning them in the course of his
campaign tour ahead of elections before the end of the year.
The Governor dedicated the sum of N25 million as start-up
for each of the branches in the local government areas.
He urged people transacting business with the state
government, traders and market people to make the most of the bank.
“This is a great opportunity. I urge all traders and
market people to make this your bank.
Civil servants and pensioners in the state have been
encouraged to open accounts at the banks to ensure ease of payment.
- CAJ News