NPF MICROFINANCE BANK CELEBRATES 25 YEARS AS LEADING MICROFINANCE BANK IN NIGERIA - Tony Okpe
NPF Microfinance Bank Plc. (Formerly
NPF Community Bank Ltd) was incorporated on the 19th May, 1993 as a Limited
Liability company under the provision of the Companies and Allied Matter Act
cap c20LFN 2004.The bank provide Banking services to both serving and Retired
Officers and men of Nigeria Police Force, its ancillary institution and general
banking public.
The NPF Microfinance Bank is the
first Microfinance Bank to be quoted on the Nigerian Stock Exchange and has 28
branches nationwide with presence in all the six geopolitical zones in Nigeria.
The
Bank commenced business on the 20th August, 1993 at 1 Ikoyi Road Obalende,
Lagos having obtained a provisional license to operate as a community Bank in
July 12th 1993 from the Apex Bank.
NPF Microfinance Bank Plc is engaged in the business of microfinance Banking and has emerged as one of the leading microfinance bank in this sub sector. It is a professionally managed and conservative Bank, providing a wide range of banking products and services to consumers at its various locations. Some of the services provided include Retail Banking, Loans and Advances, Money Market Activities and Financial Advisory services (to members of its community and customers).
The Bank, in working to realize the vision for its establishment, has develop special products which includes Police After Service Account (PASA) ,Police Focal Account (POFA) and IGP Premium Bond and their customers are already beginning to bear positive testimonies to their reputation and turnaround time service delivery
In a
recent Interview published in NAIJ.com, an online news platform, Mr Akinwunmi
Lawal. The Managing Director of NPF Microfinance Bank. In his words. He said
"The NPF Microfinance Bank was founded 25 years ago; we will be
celebrating our 25th anniversary in August. The company started as a community
bank, precisely in August 1993, and went on to become a microfinance bank in
December 2007 when a new Microfinance Bank Policy was formulated mandating all
community banks to convert to microfinance banks, under the dispensation of the
then Governor of Central Bank of Nigeria, Charles Soludo".
However, Mr. Akinwunmi lawal said the NPF
Microfinance Bank is doing a whole lot to make the lives of our hard working
policemen better.
The Executive Director, Mr. Ohanehi Jude, who
spoke about the awesome welfare and social projects being carried out by the
bank to better the lives of Nigerians. Life just got better for police officers
with this impeccable package. Mr Ohanehi
Jude - Executive Director, NPF Microfinance Bank 