Azubike Emodi, managing director, VFD Microfinance Bank, owners of VBank, said, When we unveiled this product last March, we had no idea that the COVID-19 pandemic would sweep in greatly in Nigeria and that a great number of people would suddenly become more digitally reliant. Updating your address on the app. Board of Directors; Careers; Contact; Blog; Internet Banking. The growth in earnings resulted in a profit before tax (PBT) of N4.08bn or a 173% increase from 2019. Visa Microfinance Bank Board of Directors Osita Nebolisa. VFD Group Plc, the investment holding group that recently bought the single largest equity stake in Nigerian Exchange (NGX), plans to acquire a commercial banking licence and take a major stake in an insurance underwriting firm as part of an ambitious medium-term plan. Loan Service in Lagos, Nigeria. brightway How To Open Your V Bank Account. Adebambo Oyekan. According to information available on its website, the BoI Microfinance Bank offers different types of services to small and medium sized enterprises as well as low-income earners. VFD MicroFinance Bank vfdbank com. Findings by our correspondent showed that barely two weeks to the expiry of the January 31 deadline set by the CBN for banks to migrate all their ATMs to [] Close. We provide a full range of financial services at the fraction of the cost of a full time team member. A proprietary investment company, VFD Group Plc, is intensifying its quest to obtain a commercial banking licence from the Central Bank of Nigeria (CBN) before the end of 2023. Pride 2020 Financial Statement. UNAAB Microfinance Bank Ltd. Capstone Microfinance Bank Management Team. He has developed specific skill in business Useful for business men/women, travellers and school children. :: Latest News ::. The tournament which [] Avoid the Cash-less Charges. Corresponding Banks. How this helps Team Lead, Sales at VFD Microfinance Bank. Lightrock is organized as a partnership led by the Global Managing Partner and CEO Pl Erik Sjtil, with its Board of Directors chaired by Prince Max von Liechtenstein, who initiated LGTs impact investing activities in 2009. Wale Akintola took the billiards game in an exciting 150 to 135 win. May 2016 - Dec 20193 years 8 months. Core Values. Prior to that, he was founder and CEO at Disha Microfin Ltd. During this tenure, he was elected as a board member of MFIN, the association of microfinance entities and was designated as SRO. BILL PAYMENT. Not Now. View profile badges. Afolabi R. Shola is now the new Managing Director/Chief Executive Officer (MD/CEO) of Triple A Microfinance Bank Ltd. In particular had full responsibility for the conceptualisation and development of the digital banking infrastructure for the Microfinance Bank. IFRS - Status. View profile. Employee Loan; This is one of the loan packages for employees by VFD Microfinance bank and if youre working with any company, you might be eligible. Lagos. Wherever, Whenever. Pride 2016 Financial Statement. GBENGA OMOLOKUN is the Executive Director, Risk Compliance and Technology at VFD Group Plc. Sameer Nanavati is a Nominee Director of the Bank. Our Goal at CIT Microfinance Bank is to Provide Personal Loans & Business Loans and Access to Savings & Investment Portfolios at insight competitive interest rates to Empower Small Business Owners! Finex MfB is a micro finance bank located at Broad Street, Lagos Island, Lagos that provides excellent financial services and loan able funds to a large segment of the public with special emphasis on economically empowering micro and medium scale entrepreneurs who desire to set-up and grow their businesses. 2. INTRODUCTION. She joined Supreme MFB at inception in 2010 as a Loan Officer. University of Pennsylvania - The Wharton School. Phone number: 0700 5000 500. Steve was appointed CEO in January 2017 and then Chairman of VFs Board of Directors in October 2017. Prior to being named CEO, he was President and Chief Operating Officer, overseeing all of VF's business coalitions worldwide: Outdoor and Action Sports, Jeanswear, Imagewear and Sportswear. He is a Fellow of the Institute of Credit Administrators. ISHARA NANAYAKKARA (Non-Executive Director) Mr. ISHARA NANAYAKKARA is prominent entrepreneur serving on the Boards of many corporates and conglomerates in the region. A form of Identification e.g an International passport, Drivers license, National Identity card or a Permanent Voters Card. It's a common myth that financial planning is only for people in a certain age group or income bracket. | ::. Dare Sonde is an experienced Chartered Accountant with exposure in the financial services sector traversing Insurance, Banking, Mortgage and Micro-finance. Pride 2015 Financial Statement. CEDAR MFB: Cedar Microfinance Bank is a state-licensed microfinance bank and provides group lending, individual loans, asset financing, micro-insurance, and esusu. Payments/Cash Deposits. Export. The digital bank has over 100,000 downloads on Playstore. Last Update. LAPO Microfinance Bank. VFD Group set to raise N9.01 billion. 2005 to join Zenith Bank Plc until 2016 when he joined VFD Microfinance Bank Ltd as Managing Director. According to the Managing Director of VFD Microfinance Bank, Azubike Emodi, the digital bank was created to make banking more seamless for users and empower the average user. (1987-1993) and United Commercial Bank (1993 -1994). Currently, he is also a director on the board of ILIFE Clinics and Research and Barefoot Organics. We are always ready to innovate and challenge entrepreneurs and small and medium enterprises to grow and be the best they can be in every industry in Nigeria. Get Full Access to Raphael's Info . Virtual Finance Directors or part-time Finance Directors can transform your company. Manage the funds of TrustBanc J6 Microfinance Bank Limited (TMFB) is a Limited Liability Company duly registered under the Laws of the Federal Republic of Nigeria and licensed by Central Bank of Nigeria to carry on Microfinance Banking business in Nigeria. Microfinance Bank SMEP MF Bank is celebrating ten years since we got the license from the CBK to engage in deposit taking. Get Email Address. Gbenga holds a degree in Mathematics from Obafemi Awolowo University (OAU) ife and has developed specific skills in business process and technology management on various client projects across several industries. If you have any inquiries about the products and services of Renmoney microfinance bank, you can always reach its customer care. Pride 2014 Financial Statement. Nigerias VFD Microfinance Bank, whose primary offering is the VBank online banking service, recently agreed to open a credit line for Max, a Nigeria-based provider of electric and conventional motorbike leasing and other services to taxi drivers. Setting Up Your Biometric Login. Unity microfinance bank (only one main office, and a paid capital of N20,000,000) State microfinance banks (can have branches within a state and capital of N100,000,000) National microfinance banks (allowed to have branches all over Nigeria and must have a capital of N2,000,000,000). Co Founder @ CoralPay, Board Member, Fintech Enthusiast. Standing Out. This microfinance bank is a subsidiary of Nigerias oldest development bank, the Bank of Industry. It has ultimate responsibility for the success of the Bank and for Delivering sustainable shareholder value within a framework of product and effective risk and management controls. Board of Directors Zimbabwe Microfinance Fund Private. vfd microfinance bank vfdbank com. Our management team comprises distinguished professionals from diverse backgrounds. Oversight of the Technology, Strategy and Operational objectives of the Group as well as its subsidiaries. Ikeja Office: No. It offers a broad range of financial services to micro, small and medium-sized enterprises and various low income earners both as individuals and as groups. BOI Microfinance Bank is fully committed to improving entrepreneurs businesses by providing easily accessible loans and good business advices to help improve and sustain long term growth. The combined experience of our management and board of directors spans more than five decades and several banking and finance organizations, nationally. Therefore he is responsible for sales, client service and securities trading. Prior to the Covid-19 pandemic the Central Bank of Nigeria planned to achieve 80 per cent financial inclusion across its formal and informal sectors by 2020. Rift within the management of Jaiz Bank Plc is affecting decision making as board members disagree over leadership of the bank. Florian Grenzebach has been a board member for sales since October 2020. Commenting on the partnership, Managing Director, VFD MFB, Gbenga Omolokun, stated that, At Vbank, we believe that every entrepreneur has the right to experience business development. This microfinance bank was established in the 1980s primarily to help less privileged Nigerians cope with the harsh economic realities that followed General Ibrahim Babangidas structural adjustment program. TO BECOME A LEADING MICROFINANCE INSTITUTION IN NIGERIA. Site Map. Deposit Mobilization Officer at IBILE Microfinance Bank Limited. Head Office. Their management and board of directors have a collective experience of more than five decades and many banking and Open an account. The CEO of Sparkle, Uzoma Dozie, is a classic banking executive, too. DIG. Closed Now. A. Demuren Chairman, Board of Directors 2 Mr. J. K. O. Agbaje Managing Director/CEO 3 Mr. K. A. Adeola Non-Executive Director 4 Mr. O. M. Agusto Non-Executive Director 5 Mr. He initially ventured into the arena of financial services with a strategic investment in Lanka ORIX Leasing Company PLC and was appointed to the Board in 2002. Ministry. Truebond Microfinance Bank Limited was incorporated in Nigeria on 11th of March 2008, it commenced operations on 4th of May 2009 on license from the Central Bank of Nigeria. Pride 2012 Financial Statement. This spurs her desire to obtain more training in various fields in microfinance from both local and international institutions. According to Azubike Emodi, the Managing Director of VFD Microfinance Bank, V as a digital bank was created to make banking more seamless for 5/9/2022 6:19 AM. I highly recommend this app, it does what it says "The bank of the free". Utility bill e.g Electricity, Water or Waste Bill (Utility bill uploaded should not be older than 3 months from the date of upload) Lapo microfinance bank. With a V account, you can expect a streamlined digital and mobile banking experience, with ease of access to your accounts, swift and secure transfers, withdrawals and bill. Follow our easy steps to getting a loan. 23, Awolowo Road Ikoyi, Lagos State, Nigeria. A passport photograph. She became a certified microfinance practitioner in 2012. Mr. Omiyi has been a member of Seplat Energys Board of Directors since March 2013 and as Senior Independent Non-Executive Director from 1 February 2021. About the VFD Bank Mobile Application. Chioma Nkechika. He is a Phd holder in Drug Design and Bioinformatics. V is the digital banking app for VFD Microfinance Bank, a six-year-old financial institution. Steve was appointed CEO in January 2017 and then Chairman of VFs Board of Directors in October 2017. 2,896 people like this. Olatunde Busari (SAN) is the Chairman of VFD Group Plc. He holds a B.Sc, Political Science from the University of Ife, an LL.B, Law from the University of Ibadan, Nigeria, and an LL.M, Law from Unilag. He was called to the Nigerian Bar in 1989 and is a Senior Advocate of Nigeria Nonso Okpala is the Group Managing Director of VFD Group Plc. This Anti-Money Laundering & Combating the Financing of Terrorism Policy (AMF/CFT Policy) sets out the guidelines by which VFD Microfinance Bank Limited (VFDMFB or the Company) shall comply with its AML/CFT obligations under the law, as well as regulatory directives, and prescribes procedures for preventing any transaction that facilitates criminal A.G HEAD, CREDIT/ RISK MANAGEMENT. March 16, 2022. 3,463 Followers, 229 Following, 823 Posts - See Instagram photos and videos from VFD Microfinance Bank (@vfd_mfb) Fina Trust Microfinance Bank offers various individual Microloans and Group Lending based on global standards. bank. VFD Group is an alternative financial services holding company that creates value by working within Nigerias informal financial sector to create innovative products and solutions that are accessible to the everyday Nigerian. 5. This was a great milestone for us and notably, this license has seen us grow our market share to 5%, and as a result, we are now classified by the CBK as a Tier 1 Microfinance Bank, i.e., a Large Microfinance Bank.