Babcock Microfinance Bank Limited

Babcock Microfinance Bank Limited is a unit microfinance bank that started operations in 2012 with shareholders' funds of ₦20 million and an authorized capital base of ₦100 million. It offers normal banking services such as acceptance of deposits (savings, term, demand) and provides credits to customers. The bank has specialized products including BFMB target savings scheme, BMFB assets acquisition scheme, LPO Finance, and BMFB Education loans. Its mission is to serve as a catalyst for poverty alleviation, enterprise development, and wealth creation.

Babcock Microfinance Bank Limited is a unit microfinance bank that started operations in 2012 with shareholders' funds of ₦20 million and an authorized capital base of ₦100 million. It was formed with the aim of offering normal banking services such as acceptance of various types of deposits like savings, term and demand, and providing credits to customers. The bank has specialized products such as BFMB target savings scheme, BMFB assets acquisition scheme, LPO Finance, and BMFB Education loans.

• Savings Account

  Our saving account gives you the advantages of competitive interest rates and the quick availability of your funds, without forfeiture of interest in case of withdrawal. The account may be owned by an individual, organization or association.

• Current Account

  Our Current Account provides you with unlimited access to your money at all times. you can manage your business, executive your payments and receive your salary, through this account. It is available to both individuals and corporate bodies.

• Loan Products

  We offer our clients easy access to loans in a quick, transparent and efficient environment.

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5. 5Babcock Microfinance Bank Limitedwikidata.org