Corporate organization are expected to perform their Corporate Social Responsibility (CSR) on their host community and the in the larger society.
Keystone Bank engaged in Women Empowerment at the recently concluded International OkpeKpe Road Race in Edo State.
OkpeKpe Road Race is a bi annual 10 kilometre marathon programme put in together by Pamodzi Sports Marketing Nigeria Ltd in partnership with the Edo State Government.
The Okpekpe Road Race is recognised by the International Amateur Athletics Federation (IAAF) and attracts competitors from all the nooks and crannies of Africa nations.
The Acting Managing Director of Keystone Bank, Mr Hafiz Bakare disclosed that the Bank is committed to supporting initiatives that engage and empower women and youths.
Mr. Hafiz Bakare also disclosed that 10 indigenous women were trained and provided with start-up kits in various vocational training skills.
Keystone Bank, Group Head, Oil & Gas (Corporate Banking), Mrs Nnenna Kayode-Lawal, also stated as follows
“Beyond being one of our CSR pillars, the focus on supporting women in the society stems from the fact that women remain the largest untapped reservoir of talent in the world. According to a study by the Clinton Foundation, 41% of Nigerian women are entrepreneurs compared to only approximately 10% in the US and 5.7% in the UK. While according to Global Entrepreneurship Monitoring’s annual report, women actually outnumber men in the entrepreneur space in countries like Ghana, Nigeria and Zambia.
Many of these women include small scale operators in the rural areas who; if provided with the right kind of support, can have significant effects on the economy. “
The Bank urge the government to continue to create conducive atmosphere for the Small and Medium Enterprises (SMEs) in the country because women are the pillars of social and moral values and as such support for programmes like this is not only significant but essential.