Stanbic IBTC Bank has partnered with the International Finance Corporation to empower female-owned businesses via the Goldman Sachs 10,000 Women online course.

According to a statement from the bank, the partnership reflected its commitment to support and promote women’s entrepreneurship as a show of love this Valentine’s season.

The Goldman Sachs 10,000 Women programme offers tailored support, providing comprehensive business education, mentorship opportunities, and a platform for networking with industry leaders and fellow entrepreneurs.

According to research, besides funding, some of the unique challenges faced by women entrepreneurs are lack of business acumen and mentorship. By addressing these hurdles, the partnership aims to create a pathway to success for women who seek to turn their dreams into realities.

Head of Enterprise Banking at Stanbic IBTC Bank, Olajumoke Bello, noted, “We believe that supporting women in business is not just a necessity, but also a celebration of their resilience and determination. This was the reason we created the Blue Blossom community to allow women to network, get mentorship, and connect them to financial opportunities with discounted offerings that enable their businesses to grow. Our partnership with IFC to enrol women in the Goldman Sachs 10,000 Women SME training embodies our admiration and respect for women entrepreneurs. It is part of our commitment to ensure members of the community continue to get the support they need to ensure their businesses thrive.”

The Goldman Sachs 10,000 Women is a global initiative that helps foster economic growth by providing women entrepreneurs around the world with practical education, interactive activities, and instruction by educators from top business schools, reaching over 200,000 women. The curriculum covered in the training includes financial literacy, strategic planning, marketing strategies, and leadership development.

Stanbic IBTC Bank has occupied the top spot in small and medium enterprise banking in the 2024 KPMG survey for two years in a row.


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