In recognition of its distinctive contributions to revolutionary monetary options for Micro, Small, and Medium Enterprises (MSMEs), Constancy Financial institution Plc has been awarded the 2025 Improvement Financial institution of Nigeria (DBN) Innovation Award within the Deposit Cash Financial institution (DMB) class.
This prestigious accolade celebrates Constancy Financial institution’s dedication to addressing the distinctive challenges confronted by MSMEs, an important section in Nigeria’s financial progress.
Dr. Nneka Onyeali-Ikpe, MD/CEO of Constancy Financial institution Plc, commented on the award, reaffirming the financial institution’s dedication to empowering Nigerian entrepreneurs: “At Constancy Financial institution, innovation is on the coronary heart of our technique to help MSMEs,” she mentioned.
“This recognition underscores our dedication to creating scalable, inclusive, and technology-driven monetary options that create optimistic outcomes for our nation’s entrepreneurs. We’re honored to obtain the DBN award and dedicate it to our loyal clients for his or her continued help.”
The award was introduced on the 2025 Service Ambassadors’ Awards ceremony in Lagos, themed ‘Enhancing Partnership for MSME Resilience and Development.’ Tony Okpanachi, Managing Director of DBN, emphasised the significance of monetary establishments in reworking unbankable concepts into viable companies by means of advisory providers.
“You, our companions, are acknowledged and celebrated on your outreach to entrepreneurs and companies looking for to scale. We respect you on your position in changing unbankable concepts into bankable companies,” he acknowledged.
Okpanachi famous that the award goals to acknowledge companions who make a major impression, specializing in storytelling and the optimistic modifications they convey to Nigeria.
This award joins a collection of landmark initiatives by Constancy Financial institution geared toward supporting MSMEs. Earlier in Could, the financial institution signed a Memorandum of Understanding (MOU) with the Small and Medium Enterprises Improvement Company of Nigeria (SMEDAN) to facilitate the enlargement of Nigerian MSMEs throughout Africa.
Moreover, Constancy Financial institution launched the Constancy SME Hub in Gbagada, Lagos—a multifunctional facility outfitted with coaching halls, assembly rooms, networking areas, and studios for music, images, and content material manufacturing. This hub is designed to foster innovation, collaboration, and capacity-building, important components for strengthening Nigeria’s SME ecosystem and driving financial progress.
Ranked among the many greatest banks in Nigeria, Constancy Financial institution Plc is a full-fledged Business Deposit Cash Financial institution serving over 9.1 million clients by means of digital banking channels, its 255 enterprise workplaces in Nigeria and United Kingdom subsidiary, FidBank UK Restricted.
Its a number of native and worldwide awards embody the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Monetary Establishments (BAFI) Awards; the 2024 Most Progressive Cell Banking Utility award for its Constancy Cell App by International Enterprise Outlook, and the 2024 Most Progressive Funding Banking Service Supplier award by International Manufacturers Journal.
Moreover, the Constancy Financial institution was acknowledged because the Finest Financial institution for SMEs in Nigeria by the Euromoney Awards for Excellence and because the Export Financing Financial institution of the 12 months by the BusinessDay Banks and Monetary Establishments (BAFI) Awards.