Who we are

The bank was incorporated under the companies and Allied Matters Act 1990 a provisional license to operate as a community bank on the 22nd June, 1993 and commenced business in July 1993. The bank was issued a full community license by the Central bank of Nigeria on the 21st May, 2004. Before the conversion into a Microfinance Bank, the share capital of the bank then was N20,654,000.

In line with the Central Bank of Nigeria (CBN)'s booklet in Regulatory and supervisory Guidelines for microfinance Banks (MFBs) in Nigeria "issued in December 2005 and its numerous circulars which stipulate that all (MFBs) on or before 31st December 2007, the Bank subsequently changed her name to Abigi Microfinance Bank Limited with effect from 31st December 2007.

To empower micro-entrepreneurs, low income clients and the poor by providing financial services in a sustainable and profitable manner.

 

To be the market leader in the provision of microfinance and related financial services in compliance with best practices

 

The bank operates on a coherent set of value which guides the attitude and behavious of its workforce in all situations. The value system informs the staff and customers about the bank top priorities and core values:
• Integrity
• Fairness
• Professionalism
• Innovation
• Community involvement and Social responsiveness

 

The bank operates on a coherent set of value which guides the attitude and behavious of its workforce in all situations. The value system informs the staff and customers about the bank top priorities and core values:
• Sustainability –to ensure that the bank is run profitable for sustainability and to give adequate returns on investments to all stakeholders.
• Social mission – To ensure provision of timely, diversified, affordable and dependable financial services to the economically active poor with a view to enhancing their standard of living.