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FSDH Merchant unveils financing solutions for healthcare sector

By Guardian Nigeria
19 September 2022   |   4:42 am
As part of its commitment to empower businesses and support the growth of the economy, SDH Merchant Bank Limited has hosted key healthcare stakeholders to address the sector’s financing and the importance of its digitisation.

Managing Director FSDH Merchant Bank, Bukola Smith (left); Commissioner for Health, Lagos State, Prof. Akin Abayomi and Chief Executive Officer, Iwosan Investment Limited, Fola Laoye, at the FSDH Breakfast Series (HEALTHCARE EDITION) held in Lagos

As part of its commitment to empower businesses and support the growth of the economy, FSDH Merchant Bank Limited has hosted key healthcare stakeholders to address the sector’s financing and the importance of its digitisation.

Over the past few decades, the health sector in Nigeria has experienced continuous disruptions. With the drawbacks of traditional practices to the emergence of new technologies all around the world, more organisations are beginning to drive their support for the industry through investments.

FSDH Merchant stakeholders’ forum was aimed at proffering solutions to existing challenges to consolidate and fast-track growth.

At the event themed, ‘Financing healthcare in Nigeria’, Managing Director of FSDH Merchant Bank, Mrs Bukola Smith, said that the bank’s array of financial solutions could boost revenue and promote financing in the healthcare sector.

The event hosted dignitaries and special guests like the Lagos State Commissioner for Health, Prof. Akin Abayomi; Founder Iwosan Investments Limited, Fola Laoye and Medical Director of Marigold Hospital, Prof. Emmanuel Jeje among others.

Abayomi said the Lagos state government would continue to drive policies to make healthcare and health insurance more accessible and favorable to citizens.

The Group Head of Corporate Banking and Branches, Stella-Marie Omogbai, said: “FSDH identified the healthcare industry as an area of interest. And we put together a team of doctors and professionals who understand the business of healthcare finance.

“We set up a health desk manned by some of the most experienced doctors and practitioners. Since then, we have gone ahead to finance healthcare projects, support several hospitals/HMOs as well as partner with the private and public sectors including Lagos state.”