Personal Trust Microfinance Bank

General Information
Company Name
Personal Trust Microfinance Bank
Founded Year
1993
Location (Offices)
Nigeria +1
Founders / Decision Makers
Number of Employees
45
Industries
Finance, Financial Services, Lending and Investments +1
Funding Stage
-
Social Media

Personal Trust Microfinance Bank - Company Profile

Personal Trust Microfinance Bank is a microfinance bank based in Lagos, Nigeria. The bank, initially registered as Personal Trust Savings and Loans in 1993, operated as a mortgage bank. In 2014, it was licensed by the Central Bank of Nigeria to function as a state microfinance bank, and its parent company, First Ally Capital Limited, acquired the existing mortgage bank, converting it into a microfinance bank with a share capital of approximately N632 million. The bank's primary focus is on providing microfinance services to individuals, small and medium-scale enterprises, with the ultimate goal of expanding to become a National Microfinance Bank. Personal Trust Microfinance Bank offers a range of financial products, including savings, loans, and tailored solutions to cater to the specific needs of its customers. With its operations aimed at the unbanked and underbanked population, the bank holds potential for growth and impact in the Nigerian financial services sector. For more information, visit their website at personaltrustmfb.com.

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