An Interview with the Head of SME, Stanbic IBTC Bank - the First Nigerian Bank to Introduce Psychometric Testing for Creating SME Loans

Stanbic IBTC is the first Nigerian bank to introduce psychometric testing as a tool for creating Small and Medium Enterprise (SME) Loans, which enables the Bank to offer loans to SMEs that pass the test within 72 hours with minimal documentation. In this interview Bukky Olajide, Head of SME, Stanbic IBTC Bank, discusses innovative ways to bridge the financing gap experienced by Nigerian SMEs.