GMB Microfinance Bank Ltd has a long and storied history in the world of finance. We have been active in the industry for many years and are known for taking innovative steps. We are very proud of our achievements and all the people who led us here.
started as a Community Bank
GMB Microfinance Bank Ltd has been in business since 1992 during the Community Banking era as Nibo Community Bank Ltd. The Bank was incorporated on the 30th of September 1992 by the Corporate Affairs Commission vide their Certificate of Incorporation NO. RC 205592
Commence Banking Operation
Provisional license to commence Banking operations was granted to the Bank by the then National Board for Community Banks on 22nd of June 1993. Banking operations was commenced by the Bank on the 26th of July same year thus signifying the pro-activeness of her Directors .
Grant of Final Operating License
The Central Bank of Nigeria granted the Bank a final license to continue its Banking operations on the 24th of January 2002 thus making the Bank the 85th Community Bank in Nigeria to be granted a final operating license.
Reformation of Banking in Nigeria
In line the general Banking reforms in Nigeria as enunciated by the Central Bank of Nigeria (CBN), the Bank transmuted into Nibo Microfinance Bank Ltd on the 30th of September 2007 offering full micro-financial services to micro, small and medium enterprises within Awka South Local Government Area of Anambra State of Nigeria as a unit Bank. It has since 20th October 2008 been granted a final approval by the Central Bank vide their letter OFD/GPD/MFB/POL/01/052
Change of Name to GMB MFB
In line the aspirations of the directors to play more leading role in the micro financial sector of the economy, the shareholders at an extra-ordinary general meeting held on 15 February 2014resolved to change name of the Bank to GMB Microfinance Bank Ltd, to reflect the grassroots philosophy of the Bank and the Great and Grand programs for which the Bank has become associated with by her stakeholders.
At the Centre of our Microfinance Banking
Our journey has only brought us higher. We have embraced new technologies and have ensured that our clients receive cutting edge services in the industry. As we go on towards the future we intend to exploit the full potential of new technologies to power our services.
Today's Banking is borderless and without restrictions, this opportunity creates strategy for us to meet our customers' needs. More so, our recently launched state of the art technology provides ease for the use of ATM Cards, POS terminals, Electronic transfers and Mobile banking.
Why don't you join the GMB MFB family today and enjoy our unequalled service delivery.