Apex Microfinance Bank Capital Base Hits N82million

Date: 2012-07-21

An Ilorin based Microfinance Bank, Apex, last Friday disclosed that its capital base has hit N82million, which is an increase of N62million over and above Central Bank's N20million lifeline for Microfinance Banks in Nigeria. The bank's Head of Business Development, Mr. Oyebode Hashim, said with its capital base, Apex Microfinance Bank Limited is the most capitalised microfinance bank in the state.

He said by the end of the year, the bank will open branches in other parts of the state, adding that the CBN's standard for state wide operation of Microfinance bank is N 100 million.

Hashim disclosed that the bank has about 10,000 clients and urged more people to open account with the bank, promising that the bank will continue to render quality services to all its customers.

He said, the bank is planning to introduce Cashless Policy, which he called Bank 1, and added that it will be done through the use of software.

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Yunus Oniboki     Simon Sayomi     Bola Magaji     Ola Falade     Nurudeen Muhammed     Ilorin West     Pakata     ITP     Oniyangi Kunle Sulaiman     NULGE     Abdulwasiu Bolaji Adeyi     Valsolar Consortium     Societe Generale Bank Of Nigeria     Okin Biscuits     Islamic Development Bank     Muhammad Akande Olarewaju Odunade     Saliu Ajia     EFCC     Balogun-Ojomu     Muslim Stakeholders Of Kwara State     Kwara State Government     Tunde Kazeem     ER-KANG Mining     Osi     Alabe     Mohammed Alabi Lawal     Bayer AG     Alore     Issa Manzuma     Yashikira     Sarakite     Oke-Ero     Aminat Omodara     IHS     Yomi Adeboye     Tsaragi/Share     Ajike People Support Centre     Lasiele Alabi Yahaya     Folaranmi Aro     Abdullateef Abdussalam     Baruten     Onilu     Emir Of Kano     IsDB     Lanre Olosunde     Kazeem Adekanye     Erubu     Oke-Ode     Ibrahim Mohammed     Busari Toyin Isiaka     Muhammad Fawaz Abubakar     Communication Network Support Services     Moronfoye     Binta Abubakar Mora     Radio Kwara     Nigeria Association Of Women Journalists     Yusuf Amuda Gobir     Oloye     FOMWAN     Raheem Adaramaja     Prince Bola Ajibola     Funke Adedoyin     Toyosi Thomas     Shuaib Olarongbe     Monthly Sanitation     Abubakar B.M     Yahaya Seriki     Dasuki Belgore     Ghali Alaaya     Federal College Of Education (Special), Afon     KWASSIP     Muhammed Mahe Abdulkadir     Abdulkadir Bolakale Sakariyah     Olatunji Ibrahim     Kulende-UITH     Abdullahi G. Mohammad     Obasanjo    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Bukola Ajikobi     IsDB     Baba Adini Of Kwara State     NSCIA     Neo Mundo Ltd     Federal Polytechnic Offa     Quran     Christopher Ayeni     Abdulganiy Abimbola Abdussalam     Sheriff Shagaya     Oba Abu     Fatai Adeniyi Garba     Fatai Garuba Labaka     Bio Ibrahim     Kwara State Internal Revenue Service     Yakub Lai Gobir     Col. Ibrahim Taiwo     Aso-ofi     Teachers Specific Allowance     Oju Ekun Sarumi     Sobi     April 11     Al-Adaby     Okedare     Joana Nnazua Kolo     Olatunde Jare     Forgo Battery Company Limited     Amos Bajeh     Ibrahim Mashood     Yusuf Amuda Abubakar     Baba Isale     Woro     Abdulkadir Akanbi-Oke     Ridhwanullah Al-Ilory     Abikan     Oba Abdulraheem     Olayinka Oladapo Jogunola     SSUCOEN     JUSUN     A.O. Belgore     Bilikisu Oniyangi     Makama Of Ilorin     Sadiq Umar     Olaosebikan     Idris Amosa Oladipo Saidu     Malete     Theophilus Oyebiyi     Yusuf A. Usman     Ishaq Abdulkarim     Sobi Hill     Olohungbebe     Suleiman Idris     Lafia Aliyu Korasabi     Awodun     Oladimeji Thompson     Balogin Alanamu     Elekoyangan     Mohammed Tunde-Jimoh     Quareeb     Saduki Lafiagi     Kwara United     Jare Olatundun     Aliyu Sabi     United Nigeria Congress Party     Olusola Saraki     Mashood Dauda     Bola Tinubu     Babs Iwarere     Sunday Otokiti     Monthly Sanitation     ITEM 7     Al-Ilory     Abubakar Abdullahi Bata     Ishola Abdullahi     Gaa Olobi     Issa Memunat Moyosore     Lawal Jimoh