Corporate History

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.

  • 1992

    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

  • 1993

    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 .

  • 2002

    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.

  • 2007

    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

  • 2014

    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.

  • Now

    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.

how can we help you?

Contact us at GMB Microfinance Bank office nearest to you or submit an inquiry online.

GMB Microfinance Bank Ltd. have really helped us achieve our financial/business goals. along with fantastic advice support to ensure that our financial standing is stable.

Chairman/CEO, OGGO-KEM Telecomunication Ltd. Onitsha

Loans as at 2017

We leverage on technology to serve our clients faster and better