News Column

Nigeria : DIAMOND BANK leverages growing and untapped opportunity in NIGERIA's health industry

August 27, 2014

Diamond Bank plc has announced a new product called 'Diamond MediLoan Quality Care', following growing demand for health services, including diagnostic treatment and care, which presents a rising and untapped opportunity in Nigeria's health industry.

The product, which is designed to offer loan facilities for enhanced healthcare delivery in the country, will provide operators of hospitals, clinics, nursing homes, laboratories, diagnostic centres and other medical establishments with the opportunity to access loan facility from the bank to acquire medical equipment, fixed assets, undertake renovation and expansion of existing facilities in order to deliver efficient as well as qualitative service to their clients.

Deputy managing director, Diamond Bank plc, Uzoma Dozie, said the bank was keenly interested in the health industry due to the strategic importance of good health in general wellbeing.

He said : "For any nation to develop, three things are very critical and important: education, health and food. Citizens, particularly the workforce, must be educated, healthy and well-fed. If the workforce lacks any of the three, they can t be competitive and if they are not, the country can't develop."

He added : "That's the reason we are addressing the problem of financing in the health sector. Through this newly launched product, health practitioners would have access to finance to purchase necessary equipment so they could provide affordable and qualitative services."

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Source: TendersInfo (India)

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