Microfinance Bank in Nigeria for Sale

Fully licensed Microfinance Bank (MFB) available for outright acquisition in Nigeria

The bank is 100% digitized and operational — core banking system, mobile app, internet banking, card scheme, and already live on NIBSS Instant Transfer (NIP).

Liabilities: ~120 000 EUR (cleared from the acquisition cost)

This is a plug-and-play MFB for immediate market entry or expansion.

Core Financial Services

Accept deposits — including savings, time, target and demand deposits from individuals, groups and associations.

Provide credit — lending money to its customers, including micro-loans.

Housing micro-loans — small loans for home improvement and related needs.

Banking-Related Services

Ancillary services — such as capacity building (e.g., record-keeping and small business management) and safe custody services.

Issue debentures to interested parties to raise funds from the public (with CBN’s approval).

Collect money or proceeds of banking instruments on behalf of customers (including clearing through correspondent banks).

Act as agent for mobile banking, micro-insurance and other services as determined by the CBN.

Appoint agents to provide financial services under CBN Agent Banking Guidelines.

Provide payment services — such as salary, gratuity and pension payment services.

Domestic remittance services — facilitating funds transfer within Nigeria.

Maintenance of accounts and transacting with other licensed banks in Nigeria.

Invest surplus funds in CBN-approved money market instruments.

Development & Support Services

Loan disbursement services — for government, agencies, groups and individuals for poverty alleviation.

Micro leasing, hire purchase & consortium lending

Provide guarantees and financing for agricultural inputs, cottage industries and income-generating projects for low-income persons.

Professional advice and technical assistance to microenterprises.

Issue domestic commercial papers (CPs) — with CBN approval.

Any other activities approved by the CBN from time to time