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For Sale: Well Equipped Microfinance Bank, Port Harcourt.

Rivers, Nigeria


Overview   

Category:
Banking
Asking Price (₦):
₦300Mn Assets included

Description   

The bank provides quality microfinance services to the general public especially to the unserved group with great level of professionalism. It was incorporated on the 6th of May 2007 and was licensed to operate on the 1st of June 2008 to assist the undeserved and unserved population have access to financial services. The bank is located in Port-Harcourt, Rivers State. Port-Harcourt is known as the treasure base of the Nation with so much prospects for industrialization. The bank is very much equipped and ready to expand its span of operation to include products and services like: providing low cost but quality products/service, providing loans that are suitable for all prospective and potential clients/customers, provide transparency and good customer experience or relations. The bank is also equipped with a team of competent staff and supported by high level technology in offering their products/services. QUICK FACTS • The bank is managed by professional managers who have distinguished themselves in the finance and banking industry, thereby helping the bank operate on a level much higher and better than many competitors. • Located in a significant business hub in Port-Harcourt • Key Clients/Customers are Female Entrepreneurs, Small and Medium Scale Enterprises (SMEs), Low and Middle income class with passion for entrepreneurship. • It is the first of its kind to operate and expand at the proposed level and is expected to maintain its impressive quality products/service delivery in the coming years • Investment in the bank is expected to provide strong and viable long term returns as the bank expects to steadily grow its income by taking advantage of the weaknesses of competitors • The bank presently operates seven (7) branches located at Port Harcourt, Bori, Ahoada, Buguma, Abua etc

Business Operation   

Relocatable:
No
Reasons for selling:
New opportunities/ diversification
Employees:
Undisclosed
Year established:
2008
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Included Listing: Well Equipped Microfinance Bank, Port Harcourt.