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Consumer Microfinance Bank Limited

A Nigerian microfinance bank focused on providing affordable financial services to unbanked Nigerians and small businesses.

Last updated September 1, 2026

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Overview

Consumer Microfinance Bank Limited is a microfinance bank in Nigeria. It was founded in 1995 as Wuse Community Bank, renamed Wuse United Community Bank in 2001, and launched as Consumer Microfinance Bank in 2009. The bank focuses on providing affordable financial services to over 48 million unbanked Nigerians and small and medium scale businesses around Abuja, and provides salary administration and advances to over 60 government ministries, departments and agencies.

History

Founded in 1995 as Wuse Community Bank, the bank was renamed as Wuse United community bank in 2001. Following a change of ownership, the name Consumer Microfinance Bank was launched in 2009.

Products and positioning

  • Payday Loan

    Loan product for urgent needs

  • SME Loan

    Loan product for small and medium enterprises

  • Salary Advance

    Advance on salary

  • Classic Savings

    Savings account product

  • Kobo Savings

    Savings account product

  • Salary Savings

    Savings account product for salary earners

  • ATM Cards

    Payment card

  • Mobile Banking

    Mobile banking service

  • POS/QR Solutions

    Payment solutions using POS and QR codes

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