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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