Meridian Microfinance Bank Limited was incorporated on 4th December, 2007 with RC NO.721219 as a private limited liability Company wholly owned by Nigerians and licensed by Central Bank via Certificate No.00099 dated 6th March, 2008 to carry on the business of providing Microfinance services to the members of the public.
Meridian Microfinance Bank Limited started full operations on April 1, 2008 to carry on the business of micro financing in accordance with the Regulatory and Supervisory Framework for MFBs issued in December 2005.
The bank has existed and operated successfully as a unit MFB and has built a brand in Lagos state which it shall leverage on as it scales up into a state license microfinance bank with branches all over the state. We shall operate professionally and ethically within the limits of local laws and regulations guiding our industry.
To become a leading Microfinance bank in Nigeria driven by the enthusiasm to alleviate poverty and empower the economically active poor in our society
Our Corporate Mission
We are passionate to build an innovative and enduring institution that is professionally and ethically driven while creating financial products that will assist the economically active poor and SMES in our society.
Our products are well researched and created to add value to our various target market
We are equipped with well trained, motivated and passionate workforce driven to change the microfinance landscape in Nigeria with efficient service delivery.
Our Business model em-comprises of Sustainability, transparency and integrity
The share capital of the Bank is currently N100,000,000.00. This is fully paid up , verified and approved by the Central Bank of Nigeria.
The Bank has a total asset size of about N217,000,000.00 as at 31 December, 2015
Customer Delight, Efficient Service Delivery, Technology, Strong Presence, Increased Revenue, Professionalism and Ethics, Social Responsibility.
Our business is defined by the following parameters;
- The Value we offer
- Who we offer the value to
- How we offer the value and
- At what consideration we offer the value.
We are therefore in the business of mobilizing and deploying financial resources to meet the needs of Micro, Small and Medium Enterprises (SMEs) with state of the art Technology and high quality human capital at affordable costs.