If you are looking for trusted microfinance banks in Oyo State, Nigeria, this post is for you. Microfinance Banks (MFBs) are licensed financial institutions that provide savings, loans, and other financial services to individuals, students, small businesses, and rural communities who may not have easy access to commercial banks. In this article, you will find the complete list of approved microfinance banks in Oyo State, including their locations in ibadan, ibarapa, gbagi, and beyond.

List of All Microfinance Banks in Oyo State

There are 55 Microfinance Banks in Oyo State. They are

AIBIO Microfinance Bank

AJEWOLE Microfinance Bank

APEX TRUST Microfinance Bank

AWE Microfinance Bank

BEST STAR Microfinance Bank

CANAAN Microfinance Bank

CARETAKER Microfinance Bank

CINTRUST Microfinance Bank

CIVIC Microfinance Bank

CREST Microfinance Bank

CUSTODIAN Microfinance Bank

EBEDI Microfinance Bank

EXCEL Microfinance Bank

FCMB Microfinance Bank LTD.

FIRST INDEX Microfinance Bank

Fullrange Microfinance Bank Ltd

GOOD NEWS Microfinance Bank

GROOMING Microfinance Bank

IFEDAPO Microfinance Bank

IFESOWAPO Microfinance Bank

IGANGAN Microfinance Bank

IGBOORA Microfinance Bank

IKOYI-ILE Microfinance Bank

ILORA Microfinance Bank

IPAPO Microfinance Bank

ISALE OYO Microfinance Bank

IWA Microfinance Bank

JOINT FARMERS Microfinance Bank

KADUPE Microfinance Bank

KISI Microfinance Bank

KOPO-KOPE Microfinance Bank

LA FAYETTE Microfinance Bank

LEADCITY Microfinance Bank

MAINSAIL Microfinance Bank

MULTIVEST Microfinance Bank

NEW ERA Microfinance Bank

NIGERIAN PRISONS Microfinance Bank

NUT OKEBOLA Microfinance Bank

OAF Microfinance Bank LTD

OLOGBON Microfinance Bank

OLOWOLAGBA Microfinance Bank

ONIBU-ORE Microfinance Bank

ORILONISE Microfinance Bank

ORITA BASORUN Microfinance Bank

OSANTA Microfinance Bank

POLYBADAN Microfinance Bank

RAMILOWO Microfinance Bank

RANDALPHA

REALITY Microfinance Bank

REFINED BENEFITS Microfinance Bank

ROLEZ Microfinance Bank

SAL-FOL Microfinance Bank

SEAP Microfinance Bank

SEEDVEST Microfinance Bank

UNIBADAN Microfinance Bank

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Microfinance Banks in Oyo State and their location.

These are the list of all 55 Microfinance Banks and their branches in Oyo State

AIBIO Microfinance Bank located at NO.1 YANTE MARKET SQUARE, IGANNA IWAJOWA LOCAL GOVER5NMEN COUNCIL AREA, OYO STATE

AJEWOLE Microfinance Bank located at ILORIN ROAD, SABO, OGBOMOSHO, OYO STATE.

APEX TRUST Microfinance Bank located at FMBN BUILDING, 1, ADEKUNLE FAJUYI ROAD, DUGBE, IBADAN, OYO STATE

AWE Microfinance Bank located at AWE-IWO ROAD, AWE, OYO STATE

BEST STAR Microfinance Bank located at OJE MAIN MARKET, OJO , IBADAN, OYO STATE

CANAAN Microfinance Bank located at BLOCK D211, BOLA IGE INTERNATIONAL BUSINESS COMPLEX, NEW GBAGI, IBADAN, OYO STATE

CARETAKER Microfinance Bank located at ADEBOWALE’S HOUSE, CARETAKER DISTRICT, OGBOMOSHO SOUTH LOCAL GOVT. OGBOMOSHO, OYO STATE

CINTRUST Microfinance Bank located at 129 RAILWAY SIDING, MAGAZINE ROAD, JERICHO, IBADAN, OYO STATE

CIVIC Microfinance Bank located at ARAROMI MARKET, AGODI GATE, IBADAN, IBADAN, OYO SATE

CREST Microfinance Bank located at 43, OBAFEMI AWOLOWO WAY, OPP. NATIONAL BUILDING, OKE-BOLA, IBADAN, OYO STATE

CUSTODIAN Microfinance Bank located at PLOT 1, ROAD 2, OWODE HOUSING ESTATE, APATA, ABEOKUTA ROAD, IBADAN, OYO STATE

EBEDI Microfinance Bank located at OPPOSITE ASEYIN PALACE, ADABO MARKET, OPP. ASEYIN PALACE, ISEYIN, OYO STATE

EXCEL Microfinance Bank located at HOSPITAL RD. SANGO ERUWA, OYO STATE

FCMB Microfinance Bank LTD. located at 10, MOSHOOD ABIOLA WAY, CHALLENGE, IBADAN, OYO STATE

FIRST INDEX Microfinance Bank located at 27, ADEGOKE ADELABU SHOPPING COMPLEX ANNEX, ORITA CHALLENGE, IBADAN, OYO STATE

Fullrange Microfinance Bank Ltd located at 1st Floor, Asabi House, 108, Adekunle Fajuyi Way, Adamasingba, Ibadan, Oyo

GOOD NEWS Microfinance Bank located at Council Bus stop, Beside Akinyele Local Givernement, Moniya, Ibadan, Oyo State

GROOMING Microfinance Bank located at 9B, ONILE-ARO BUS-STOP, OJOO, IBADAN, OYO STATE.

IFEDAPO Microfinance Bank located at AJEGUNLE-SANGO ROAD, SAKI, OYO STATE

IFESOWAPO Microfinance Bank located at SAKI ROAD, IDI-EMI, SEPETERI EAST LGA, OYO STATE, SEPETERI, OYO STATE

IGANGAN Microfinance Bank located at NO. 1, COMMUNITY BANK ROAD, ISALE AKAO, IGANGAN, IBARAPA LGA, OYO STATE

IGBOORA Microfinance Bank located at 3, POST OFFICE ROAD BESIDE IGBOORA COMMUNITY HALL, IGBOORA, OYO STATE

IKOYI-ILE Microfinance Bank located at SHEHU HANNAFI HOUSE, IGBETI ROAD, ORIRE LGA, IKOYI-ILE, OYO STATE

ILORA Microfinance Bank located at AKIBO MARKET, OJA-ISALE, ILORA, OYO, OYO STATE

IPAPO Microfinance Bank located at CO-OPERATIVE HOUSE, MARKET SQUARE, IPAPO, ITESIWAJU LGA, OYO STATE

ISALE OYO Microfinance Bank located at SABO MARKET, ISALE OYO, OYO, OYO STATE

IWA Microfinance Bank located at AYETORO-OKE, OKEHO, OYO STATE

JOINT FARMERS Microfinance Bank located at 105, ABIODUN ATIBA ROAD, OPPOSITE L.A TOWN SCHOOL, OYO

KADUPE Microfinance Bank located at SANGO MARKET, SAKI, OYO STATE

KISI Microfinance Bank located at CENTRAL MARKET SQUARE, KISI, OYO STATE

KOPO-KOPE Microfinance Bank located at 3-5, IWARE ROAD, FIDITI, OYO STATE

LA FAYETTE Microfinance Bank located at 2, ADEKUNLE FAJUYI ROAD, IBADAN, OYO STATE

LEADCITY Microfinance Bank located at LEAD CITY UNIVERSITY, OLD TOLL GATE, IBADAN/LAGOS EXPRESWAY, IBADAN, OYO STATE

MAINSAIL Microfinance Bank located at PLOT 25B, BODIJA MINI SHOPPING CENTRE, BODIJA MARKET, IBADAN, OYO

MULTIVEST Microfinance Bank located at 11, ARULOGUN/ARMY BARRACKS ROAD, OJO, IBADAN, IBADAN, OYO STATE

NEW ERA Microfinance Bank located at BOLORUNPELU MARKET, LANLANTE, OYO STATE

NIGERIAN PRISONS Microfinance Bank located at 71, NIGERIAN PRISON COMPLEX, AGODI, IBADAN, OYO STATE

NUT OKEBOLA Microfinance Bank located at OKE BOLA TEACHER’S CO-OPERATIVE HOUSE OPP. ST THERESA’S COLLEGE,

OKE-ADO, IBADAN, OYO STATE

OAF Microfinance Bank LTD located at NO. 76, AKINJIDE PLAZA, 4TH FLOOR, ADEKUNLE FAJUYI ROAD, ADAMASINGBA, MOKOLA, IBADAN, OYO STATE

OLOGBON Microfinance Bank located at OLOGBON AREA, OSOGBO ROAD, OGBOMOSO, OYO STATE

OLOWOLAGBA Microfinance Bank located at DEBORAH HOUSE, SABO, OGBOMOSO, OYO STATE

ONIBU-ORE Microfinance Bank located at SW9/90 DOGO BUS STOP, APATA, IBADAN, OYO STATE

ORILONISE Microfinance Bank located at SW6/249, AGBOKOJO AREA, IYANA IDIKAN, AGBENI MARKET, AGBENI,

IBADAN, OYO STATE

ORITA BASORUN Microfinance Bank located at PLOT 1, SALAMI LAYOUT, ORITA BASHORUN, IBADAN, OYO STATE

OSANTA Microfinance Bank located at DIBU OJERINDE HOUSE, AJEGUNLE, OKE- AFIN, IGBOHO, ORELOPE LGA, OYO STATE

POLYBADAN Microfinance Bank located at THE POLYTECHNIC, IBADAN VENTURES, P.M.B. 22, U.I. POST OFFICE, IBADAN, OYO STATE

RAMILOWO Microfinance Bank located at APINNITE AREA, SAKI, OYO STATE

RANDALPHA located at RANDA AREA, BEHIND BAPTIST SEMINARY, OGBOMOSO, OYO STATE

REALITY Microfinance Bank located at REALITY HOUSE, OLADELE GEORGE STREET BY AP FILLING STATION, SAWMILL, OLD IFE ROAD, IBADAN, OYO STATE

REFINED BENEFITS Microfinance Bank located at 2, STATION MARKET ROAD, ERUNMU, EGBEDA LGA, IBADAN, OYO STATE

ROLEZ Microfinance Bank located at Old Oyo-Ibadan Road, Idi-Igba, Illora, Oyo State.

SAL-FOL Microfinance Bank located at 25, IBADAN MUNICIPAL SHOPPING COMPLEX, BANK ROAD, BODIJA-OJA, IBADAN

SEAP Microfinance Bank located at 2/404 ADEOYO -AGBADUDU ROAD, IBADAN, OYO STATE

SEEDVEST Microfinance Bank located at 31, OBAFEMI AWOLOWO WAY J. ALLEY IBADAN

UNIBADAN Microfinance Bank located at 1, ELKANEMI ROAD, UNIVERSITY OF IBADAN, IBADAN, OYO STATE

The above Microfinance banks are licensed either as state MFBs,tier1 or tier 2 unit banks, meaning they are recognized by regulatory authorities and permitted to offer financial services to the public.

Structure of Microfinance Banking in Oyo State

The structure of microfinance banks in Oyo State is based on licensing categories:

State MFBs operate across the entire state.

Tier 1 Unit MFBs has a Wider customer reach than Tier 2, suitable for larger LGAs or semi-urban areas. It also Provides micro-loans, savings, and financial services to a bigger population within an LGA.

Tier 2 Unit MFBs focus on specific local government areas or communities.

Microfinance Banks and their Status.