NIRSAL Microfinance Bank (NMFB) is on a mission to become a highly efficient national microfinance bank in Nigeria that offers inexpensive products and services while employing innovative technology and a highly motivated workforce.
This post offers a list of NIRSAL Microfinance Bank branches in Nigeria where you can apply for the CBN Covid-19 Loan or get information about it.
The Central Bank of Nigeria (CBN) has licensed NIRSAL Microfinance Bank as a renowned Nigerian financial institution. The Company was established as a Private Limited Company in 2019 and began operations in the same year after the Central Bank of Nigeria granted it a license to operate as a National Microfinance Bank. The Bank is Owned 50 percent by the Bankers Committee, 40 percent by NIRSAL and 10 percent NIPOST.
NIRSAL Microfinance Vision
The pandemic has caused unparalleled interferences in global supply chains, a sharp drop in global crude oil prices, turmoil in global stock and financial markets, massive annulments of sporting and entertainment events, and the control of large swaths of people’s movement in many countries, as well as intercontinental travel bans/restrictions on key flight routes around the world.
Because of the drop in global demand, decreased consumer confidence, and production slowdown, these developments have had significant implications for people’ livelihoods and company activity.
The Nigerian Central Bank (CBN) has announced a stimulus plan to assist households and Micro, Small and Medium Enterprises (MSMEs) affected by the COVID-19 outbreak.
NIRSAL Microfinance Bank (NMFB) has a wide range of products aimed to help you expand your business by providing revolutionary financial and non-financial services across Nigeria.
The Agric, Small and Medium Enterprise Scheme (AGSMEIS), a Central Bank of Nigeria initiative, allows you to borrow up to N10 million at a rate of 5% per year (CBN).
The Agri-Business/Small and Medium Enterprise Investment Scheme is a program designed to support the Federal Government’s efforts and policy initiatives to promote agricultural companies and small/medium enterprises (SMEs) as vehicles for long-term economic growth and job creation.
List of NIRSAL Microfinance Bank (NMFB) branches to Get CBN Loan
To see the list of all NIRSAL Microfinance Bank (NMFB) branches to Get CBN Loan, please click NMFB Disbursement Loan Branches