10, Moshood Abiola way, Challenge. Ibadan


Key Statistics

• Group Lending pilot activities commenced in Ibadan in September 2014
• Obtained EFINA Innovation Grant of $2m to deliver Micro lending business across 70
branches in 2 years with Agency banking roll out in numbered agent locations
• PBT of N195.2m, which was N39.5m above budget in 2016
• Total deposit of N445m; N3.3b loan to 56,747 customers across 46 branches.
• Technology Implementation for group lending and agent banking
• MFB License for OYO state approved in Sept. 2016