List of Microfinance Banks in Ebonyi State

If you are looking for trusted microfinance banks in Ebonyi 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 Ebonyi State, including their locations in ISIAGU, ABAKALIKI, and beyond.

List of All Microfinance Banks in Ebonyi State

There are 9 Microfinance Banks in Ebonyi State. They are

EBONYI STATE UNIVERSITY Microfinance Bank (EBSU)

ISHIAGU Microfinance Bank

MONARCH Microfinance Bank

NDIAGU Microfinance Bank

NGBO Microfinance Bank LTD

OKWO-OHA Microfinance Bank

OZIZZA Microfinance Bank

POLYUNWANNA Microfinance Bank

UMUNNACHI Microfinance Bank

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Microfinance Banks in Ebonyi State and their location.

These are the list of all 9 Microfinance Banks and their branches in Ebonyi State

EBONYI STATE UNIVERSITY Microfinance Bank (EBSU) located at EBONYI NSTATE UNIVERSITY, P.M.B. 53, ABAKALIKI, EBONYI

ISHIAGU Microfinance Bank located at ASA-ROAD ISHIAGU, IVO LOCAL GOVT. AREA, EBONYI STATE

MONARCH Microfinance Bank located at 45, OGOJA ROAD, PMB 056, ABAKALIKI, EBONYI STATE

NDIAGU Microfinance Bank located at 60 OGOJA RD. NDIAGU LAYOUT, P.O.BOX 159, ABAKALIKI, EBONYI STATE

NGBO Microfinance Bank LTD located at NKWO NGBO MARKET SQUARE, OHAUKWU L.G.A. EBONYI STATE

OKWO-OHA Microfinance Bank located at IBOKO TOWN, IZZI LOCAL GOVT. AREA, EBONYI STATE

OZIZZA Microfinance Bank located at NO.1, WATER WORKS ROAD, ABAKALIKI, EBONYI STATE

POLYUNWANNA Microfinance Bank located at AKANU IBIAM FED. POLYTECHNIC, UNWANA, AFIKPO, EBONYI STATE

UMUNNACHI Microfinance Bank located at ST. THERESA’S CATHOLIC CATHEDRAL CHURCH, OGOJA ROAD, ABAKALIKI, EBONYI 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 Ebonyi State

The structure of microfinance banks in Ebonyi 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.