History of IRL Microfinance Bank
IRL Microfinance Bank Limited (IRL MFB) was granted a microfinance bank license by the Central bank of Nigeria on 31st march 2017 and commenced business on 1st June 2017 to renders financial services to micro-entrepreneurs as well as the small and medium-income population on a sustainable basis
In line with the Central Bank of Nigeria (CBN) objective of economic development and poverty reduction, the Board strives to promote entrepreneurship by granting loans to small, medium businesses for improvement, empowerment and expansion of their businesses
The registered share capital of the company raised to =N=300,000,000 (Three Hundred Million Naira Only) made up of 300,000,000 shares of =N=1 each of which =N=97,677,000 has being paid up.
We are in strategic partnership with Stanbic IBTC Bank to enable our customers deposit or withdraw from any of their branches nationwide. Our customers can also use our ATM cards to withdraw on any ATM, POS terminal or web payment
About IRL Microfinance Bank
To be among the market leaders in the provision of financial services, at world class standards
To economically empower micro-entrepreneurs and low income earners by providing financial services in a sustainable, ethical and profitable manner, making them stable and building good relationship.