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. Open an account. Virtual Finance Directors or part-time Finance Directors can transform your company. GUARANTY TRUST BANK PLC #EnrichingLives 2020 Annual Report 7 DIRECTORS 1 Mrs. O. 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. Read More. (1987-1993) and United Commercial Bank (1993 -1994). Here are 5 simple steps to help you set goals.. It's a common myth that financial planning is only for people in a certain age group or income bracket. 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. 5/9/2022 6:19 AM. University of Pennsylvania - The Wharton School. VFD Group Plc has hinted that it 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.. BrandNewsDay reports that VFD Group, the investment holding group that recently bought the single largest equity stake in Nigerian Exchange (NGX), made this disclosure that it will He left the company in 2001 and worked for Aventis Pasteur and Globacom before starting his own company, Biologics Ventures, in 2003. ADVANCED BUDGETING. Adebukola is the A.G Head, Credit & Risk Department of Supreme Microfinance Bank Limited. Pride 2016 Financial Statement. 20 check-ins. Team Lead, Sales at VFD Microfinance Bank. Managing Director and CEO, VFD Microfinance Bank, Zuby Emodi, joins CNBC Africa to discuss innovative banking and how Nigeria can achieve its set financial inclusion goals. ISHARA NANAYAKKARA (Non-Executive Director) Mr. ISHARA NANAYAKKARA is prominent entrepreneur serving on the Boards of many corporates and conglomerates in the region. Really really nice!! Internet-based banking has been an option since the 1990s, but the COVID-19 lockdowns of 2020 have hastened the transition in unexpected ways. Original article available online. This microfinance bank is a subsidiary of Nigerias oldest development bank, the Bank of Industry. The growth in earnings resulted in a profit before tax (PBT) of N4.08bn or a 173% increase from 2019. We provide a full range of financial services at the fraction of the cost of a full time team member. In developing countries where poverty is highest, microenterprises are estimated to represent more than 80% of all wealth-building enterprises and more than 20% of GDP. 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. I. Hassan Non-Executive Director 6 Mr. H. A. Oyinlola Non-Executive Director r***@vfd-mfb.com. Board of Directors; Careers; Contact; Blog; Internet Banking. Loan Application Process. Adegboyega Kazeem Managing Director IBILE Microfinance. About See All. Ikeja Office: No. Site Map. Management Team. Wherever, Whenever. Pride 2020 Financial Statement. Export. Corresponding Banks. Chioma Nkechika. Mission. Pride 2014 Financial Statement. I highly recommend this app, it does what it says "The bank of the free". vfd microfinance bank vfdbank com. VFD Group Plc has hinted that it 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.. BrandNewsDay reports that VFD Group, the investment holding group that recently bought the single largest equity stake in Nigerian Exchange (NGX), made this disclosure that it will He has developed specific skill in business 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. Pride 2013 Financial Statement. Create New Account. Vision. 2,896 people like this. A form of Identification e.g an International passport, Drivers license, National Identity card or a Permanent Voters Card. View profile badges. ABUJA, Nigeria, September 12 There were indications at the weekend that the Central Bank of Nigeria (CBN) may have kicked off the review of operations of the 776 licensed microfinance banks in what economy watchers described as the second phase of banking sector reforms. How To Open Your V Bank Account. 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. PROXIMITY PAYMENT. Dare Sonde is an experienced Chartered Accountant with exposure in the financial services sector traversing Insurance, Banking, Mortgage and Micro-finance. VFD Group set to raise N9.01 billion. Mr. Olatunde Busari, SAN, the Chairman of the companys Board of Directors noted that despite the adverse VFD Microfinance Bank. 23, Opebi Road, Opebi, Ikeja, Lagos State. He has over 8 years experience in the advisory division of KPMG. You can call between 9 am to 9 pm. VFD Microfinance Bank is a fully digital bank that offers a wide range of financial products and services to professionals and entrepreneurs from all sectors. Get Email Address. She became a certified microfinance practitioner in 2012. TO PROVIDE GOOD FINANCIAL SOLUTIONS AND SERVICES FOR CUSTOMERS WHILE EXCEEDING EXPECTATIONS OF THE SHAREHOLDERS. VFD Microfinance Bank today unveils its flagship product called V, Nigerias first truly virtual bank. bank. The tournament which [] Financial Summary. Head Office. VFD Microfinance Bank is a dynamic, Lagos-based financial services institution operating in the microfinance banking sector. Executive Director/ COO. See more of VFD Microfinance Bank on Facebook. Pride 2017 Financial Statement. Run the account and deposit 20% of the proposed loan facility. Standing Out. Tower C, Zambezi Towers, Plot 54352, Central Business District, Gaborone, Botswana. 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. | ::. Fina Trust Microfinance Bank offers various individual Microloans and Group Lending based on global standards. 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. Microfinance Bank SMEP MF Bank is celebrating ten years since we got the license from the CBK to engage in deposit taking. 10. Financial planning helps you identify your goals and create a strategy for achieving them. Manage the funds of Managing Director, VFD Microfinance Bank (Vbank) Gbenga Omolokun. 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. 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. 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. Max and VFD Microfinance Bank announce $3m partnership to drive financial inclusion. Utility bill e.g Electricity, Water or Waste Bill (Utility bill uploaded should not be older than 3 months from the date of upload) Overview of VFD Microfinance Banks 5 Top Products and How They Help. Wale Akintola took the billiards game in an exciting 150 to 135 win. If you have any inquiries about the products and services of Renmoney microfinance bank, you can always reach its customer care. I have received my kuda card. 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. The 2021 VBank Open Snooker and Billiards Tournament held in partnership with the Lagos Country Club, Ikeja, closed in grand style over the weekend, with Gideon John emerging the biggest winner of the night after defeating Shehu Bamidele, 3-0. 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. P. O. 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. Head office: No. MICROFINANCE CERTIFICATION PROGRAMME MCP MFB MCP QTR 1. SALIHU ARGUNGU HASHIMU (Rtd) NPM, psc, mni. AB Microfinance Bank Nigeria offers its clients a fast, low cost, and secure way of transferring their funds to any commercial bank within Nigeria. 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 [] Payments/Cash Deposits. TO BECOME A LEADING MICROFINANCE INSTITUTION IN NIGERIA. Close. Accion MfB Values Board of Directors Management Team Accion MfB Partners Accion MfB Financial Media Activities News & Events Konnect Series Accion MfB Milestone Corporate Responsibility CFI COVID-19 Reports He previously worked for UniCredit Group for around 20 years. This is coming at a time when consumers are groaning under the burden of high maintenance fees, bank-related Core Values. Last Update. How to Withdraw from your Fixed Deposit Account. The digital bank has over 100,000 downloads on Playstore. 2005 to join Zenith Bank Plc until 2016 when he joined VFD Microfinance Bank Ltd as Managing Director. About the VFD Bank Mobile Application. According to VFD, a combined block of 1.6 billion ordinary shares of NEM Insurance Plc, representing about 30 percent of the Insurance Companys issued share capital, was sold to new shareholders, sponsored by the Directors of the insurance company. By Regtech Africa May 5, 2022 133 views. According to Azubike Emodi, the Managing Director of VFD Microfinance Bank, V as a digital bank was created to make banking more seamless for VFD microfinance bank. MULTIPLE BENEFICIARIES. 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.