Brief About Us
Consumer Microfinance Bank is one that is focused on providing affordable financial services to over 48 million unbanked Nigerians and small and medium scale businesses around Abuja. We also provide salary administration and advances to over 60 government ministries, departments and agencies.
Founded in 1995 as Wuse Community Bank, the bank was renamed as Wuse United community bank in 2001. Following a change of ownership, the name Consumer Microfinance Bank was launched in 2009. With a cumulative loan of over 3 billion so far and a customer base in excess of 40,000 active accounts, we believe that business success comes from the disciplined application of sound business processes, guided by a proven philosophy.
Our time-tested philosophy lays the foundation for overcoming obstacles that often prevent banks from reaching their strategic goals. Our clients benefit from an excellent management competence, a unique access to opportunities in the Federal Capital Territory as well as from our financial strength and stability.
To be one of the most respected financial conglomerate, with effective presence in Nigeria, Africa and the world
To provide exceptional financial services to our customers in our chosen markets, through creative and dynamic application of latest technology with greater emphasis on customer satisfaction.
Our Core Values @ ConsumerMFB
CMFB has demonstrated strong growth from the beginning of the new management takeover and has speedily evolved into a leading provider of financial services to MSMEs in Abuja. Aiming at being a “household bank” for its customers, CMFB has successively broadened its range of products which now include various types of business and personal loans, special deposit accounts, money transfer services as well as payment cards.
A growing number of larger SMEs are also using advanced banking services such as salary payment facilities and self service channels. After less than four years of operation under its new management, CMFB has grown its asset base and has successfully lent over N1,000,000,000 in loan.