Apex Microfinance Bank Capital Base Hits N82million

Date: 2012-07-21

An Ilorin based Microfinance Bank, Apex, last Friday disclosed that its capital base has hit N82million, which is an increase of N62million over and above Central Bank's N20million lifeline for Microfinance Banks in Nigeria. The bank's Head of Business Development, Mr. Oyebode Hashim, said with its capital base, Apex Microfinance Bank Limited is the most capitalised microfinance bank in the state.

He said by the end of the year, the bank will open branches in other parts of the state, adding that the CBN's standard for state wide operation of Microfinance bank is N 100 million.

Hashim disclosed that the bank has about 10,000 clients and urged more people to open account with the bank, promising that the bank will continue to render quality services to all its customers.

He said, the bank is planning to introduce Cashless Policy, which he called Bank 1, and added that it will be done through the use of software.

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Shuaib Abdulkadir     Saka Abimbola Isau     Ramat Oganija     IQRA College     Tanke Road     Saka Balikis Kehinde     Saliu Mustapha     Kayode Bankole     Ilorin South Constituency     Opobiyi     Kwara State Geographic Information Service     Haleeman Salman     Noah Yusuf     Ibrahim Gambari     Arinola Lawal     Muhammed Mahe Abdulkadir     Islamic Development Bank     Christopher Ayeni     Abdulrazaq Solihudeen     Demola Banu     Monkey Pox     Onilorin Of Ilorin     Mansur Alfanla     Ridhwanullah Al-Ilory     Ilorin Likeminds Foundation     Yusuf Olaolu Ali     Mope Dasuki Belgore     Mamatu Abdullahi     Abubakar Baba     Ahmed     Matthew Babaoye     Oasis Muslim Care Foundation     Innocent Okoye     Mohammed Saidu     Muslim Cementary     Paul Odama     Abegunde Goke     Femi Ogunsola     Oni Adebayo     Dar-Al-Handasah Consultants     CCEPE     Shettima Of Ilorin     Mufti Of Ilorin     Adeola Abraham     Abdulquawiy Olododo     Olupako     Y.A. Abdulkareem     Omotoso     Kayode Laro     Funmilayo Braithwaite     Adewuyi Funmilayo     Olufolake Abdulrazaq     Prince Sunday Fagbemi     Gobirawa     Edret Sabi Abel     Galadima     Jelili Yusuf     Millennium Development Goals     IEDPU     Ajuloopin     Adolescent Girls Initiative For Learning And Empowerment     Femi Gbajabiamila     Alaiye     International Public Sector Accounting Standards     Abubakar Usman Jos     Abdulmumini AbdulRazaq     Amuda Aluko     Oju Ekun Sarumi     Abdulhakeem Amao     Abdulrazaq Akorede     KSIRS     SWAN     Tafida     Lawal Jimoh     2017 Budget     Susan Modupe Oluwole     Federal Neuro-Psychiatric Hospital    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Abdulahi Abubakar Bata     Mahmud Ayinla Giwa     Ogbondoroko     Saliu Ajibola Ajia     Chartered Institute Of Personnel Management Of Nigeria     Olokoba     Oluronke Adeyemi     Kolade Solagberu     Abdulrasheed Lafia     Ishola Abdullahi     Abdulmutalib Shittu     Titus Ashaolu     Lanre Issa Onilu     Kwara Basketball Association     Arik     Kwabes     Kwara Consultative Forum     Owu Fall     Abubakar Imam     Idowu Aremu     JMK Construction Company Limited     Ganiyu Taofiq     Esuwoye     Lawyers Unite Against Corruption     Aisha Abodunrin Ibrahim     Oke Sunna     Balogin Alanamu     Kwara Volleyball Association     Peter Amogbonjaye     Umar Yakubu Jaja     Abubakar Usman Jos     CACOVID Palliatives     Ayo Adeyemi     Akume     Amuda Musbau     Toyosi Thomas     Ilorin Talaka Parapo     Siraj Oyewale     Abubakar B.M     Toun Okewale-Sonaiya     Tunde Saad     Economic And Financial Crimes Commission     SSA Youth Engagement     Kayode Ishola     Lola Olabayo     Bashir Adigun     Hussein Olokooba     Saka Saadu     Sam Okaula     Yusuf Aiyedun     Gobir Organization Foundation     Adama Isa     Shonga     Yusuf Abdulwahab     Sebastine Obasi     Anilelerin     Mohammed Yahaya Barki     Sidikat Akaje     Marufat Oladosu     National Broadcasting Commission     Mutawalle     Muhammadu Buhari     Joseph Offorjama     Lanre Badmus     Ademola Kiyesola     Park     Oyeyemi Olasumbo Florence     Ilesha-Baruba-Gwanara     Yetunde Balogun     Michael Nzekwe     Sulyman Abdulkareem     College Of Education     Kola Adesina     Nigerian Medical Association     Adekunle David Dunmade     Busari Alabi Alausa     Academic Staff Union Of Universities