An enterprise development firm, FIT Group of Companies, has launched a new subsidiary, FIT Microfinance Bank, to deepen financial inclusion within the South-Esst region.

The bank is backed by the company’s real estate firm to provide credits for Nigerians to build their dream homes at discounted rates. 
  
The Chairman of FIT Group, Loretta Aniagolu, who spoke at the official launch and grand opening of the bank in the HELIU Residences area of Enugu State, described the bank as a game-changer in the financial landscape and real estate industry.
  
She said the bank was heralded to empower individuals and small businesses with accessible and innovative financial services to enable them to get their own homes.
  
“We’re trying to build a value chain. When you are a real estate developer, it touches many different sectors and aspects. The only aspect we think about is the houses built and sold. We forget that everything we use today is real estate, whether it’s your residential home, school, hospital, or hotel. They’re all pieces of real estate.”

“So, what we’re trying to bring to the knowledge of Nigerians and the Nigerian government is the fact that building an economy requires a strong backbone in real estate development, which is residential and commercial houses. It affects every aspect of your life; it creates jobs for every level of the society.”