Bristol MicroFinance Bank

Overview

Bristol Microfinance Bank Limited was incorporated on January 2, 2008 after attaining approval from the Central Bank of Nigeria [CBN]. Bristol was formerly known as Idi-Ayunre Community Bank, LTD. Since reestablishing as a Micro finance institution, BMFB has filled its ranks with seasoned professionals of diverse backgrounds, all of them highly educated, highly trained, experienced and with demonstrated integrity.

BMFB currently operates with an authorized share capital of N20 million and a net worth of over N100 million in assets.

BMFB was founded to address the need of microfinance lending to members of the community who were traditionally excluded and overlooked due to the modest size of their investment, loan and banking needs. In addition to serving the individual, BMFB is also geared to support the needs of small and medium-sized business enterprises. Through BMFB’s strategic financial planning, assessment and reinvestment programs, we are working with states, communities, small/medium-sized business enterprises and individuals to realize the goals and objectives of the Nigerian Government’s monetary policies.

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