If you are looking for trusted microfinance banks in Abia 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 Abia State, including their locations in Aba, Uturu, Arochukwu, and beyond.

List of All Microfinance Banks in Abia State

There are 14 Microfinance Banks in abia state. They are

ABIA STATE UNIVERSITY Microfinance Bank LTD.

BUNDI Microfinance Bank

CHIBUEZE Microfinance Bank

EAST GATE Microfinance Bank

KINGDOM COLLEGE Microfinance Bank LTD

MERCHANT Microfinance Bank

MICHEAL OKPARA UNIVERSITY Microfinance Bank

MOUAU VASMUCS Microfinance Bank (MICHEAL OKPARA UNIVERSITY OF AGRIC STAFF COOPERATIVE SOCIETY LTD.)

NKPA Microfinance Bank

OHAFIA Microfinance Bank

STATESMAN Microfinance Bank

SWIFT Microfinance Bank

UMUCHUKWU Microfinance Bank

UVUOMA Microfinance Bank

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Microfinance Banks in abia state and their location.

These are the list of all 14 Microfinance Banks and their branches in abia state

ABIA STATE UNIVERSITY Microfinance Bank LTD. located at UTURU, ISUIKWUATO LGA, ABIA STATE

BUNDI Microfinance Bank located at 157, CAMEROUN ROAD, ABA, ABIA STATE

CHIBUEZE Microfinance Bank located at CKC 82 EHI/ASA ROAD ABA, ABIA STATE

EAST GATE Microfinance Bank located at 135, ABA-OWERRI ROAD,ABA, ABIA STATE

KINGDOM COLLEGE Microfinance Bank LTD located at PHASE 1 AMAURU ROAD, AROCHUKWU L.G.A, ABIA NORTH, ABIA STATE

MERCHANT Microfinance Bank located at 163, JUBILEE ROAD, ABA, ABIA STATE

MICHEAL OKPARA UNIVERSITY Microfinance Bank located at MICHEAL OKPARA UNIVERSITY OF AGRICULTURE, UMUDIKE, KM 7, UMUAHIA/IKOT EKPENE ROAD, IKWUANO UMUDIKE, ABIA STATE

MOUAU VASMUCS Microfinance Bank (MICHEAL OKPARA UNIVERSITY OF AGRIC STAFF COOPERATIVE

SOCIETY LTD.) located at MICHEAL OKPARA UNIVERSITY OF AGRICULTURE, UMUDIKE, KM 7, UMUAHIA/IKOT EKPENE ROAD, IKWUANO UMUDIKE, ABIA STATE

NKPA Microfinance Bank located at AMAOHORO NKPA, BENDE LGA, ABIA STATE

OHAFIA Microfinance Bank located at 122 AROCHUKUWU ROAD OHAFIA.

STATESMAN Microfinance Bank located at 37, MARKET ROAD, UZUAKOLI, ABIA STATE

SWIFT Microfinance Bank located at 96, ASA ROAD, P.M.B. 7287, ABA, ABIA STATE

UMUCHUKWU Microfinance Bank located at 6 BENDE ROAD, UMUAHIA, ABIA STATE

UVUOMA Microfinance Bank located at 4, HOLY GHOST ROAD, UMUAHIA, ABIA 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 Abia State

The structure of microfinance banks in Abia 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.