Empowering Communities, One Business at a Time
From our roots as a community bank to a fully licensed microfinance institution, UCB Microfinance Bank is committed to financial inclusion, responsible lending, and supporting small businesses and entrepreneurs.
Our Journey
UCB Microfinance Bank has been part of this community for over thirty years — and that history matters.
On 14 June 1993Foundation & Early Vision
we were incorporated under the name Umunya Community Bank Nigeria Limited, with a single, clear purpose: to provide financial services to the people of Umunya and the communities around them. Less than a year later, on 4 July 1994, we opened our doors and began doing exactly thatFor over a decadeServing the Community with Trust
we served our community as a community bank — building relationships, extending credit, and earning the trust of the traders, entrepreneurs, and families who banked with us. As Nigeria’s financial sector evolved, so did we.In July 2007Transition to Microfinance Banking
our shareholders passed a special resolution to change our name to UCB Microfinance Bank Limited — a decision that reflected not just a regulatory transition, but a renewed commitment to doing more for the people we serve. On 26 March 2008, the Central Bank of Nigeria granted us our final licence to operate as a microfinance bank, formally recognising the institution we had spent fifteen years building.TodayA Legacy of Stability & Growth
UCB Microfinance Bank is a CBN-licensed, NDIC-insured institution serving over 12,000 customers across Oyi LGA and beyond. We are not a new bank finding its footing. We are a proven institution with deep roots, a strong governance framework, and an unwavering commitment to the communities that have trusted us since 1993.
Regulatory Milestones
RC Number 223897
Date of Incorporation: 14 June 1993
Commencement of Business: 4 July 1994
CBN Final Licence: 26 March 2008
Vision
To build communities where the unbanked are financially empowered and digital innovation removes barriers to financial opportunity.
Mission
To provide responsive financial solutions through cutting-edge digital channels and relationship-driven service, creating value for our customers, communities, and stakeholders.
Our Core Values
What We Stand For
Integrity
Transparency and honesty in all dealings
Innovation
Leveraging technology and creative solutions to expand financial access
Customer-Centricity
Delivering value-driven financial solutions tailored to customer needs
Professionalism
Maintaining high standards of competence and ethical conduct
Excellence
Pursuing continuous improvement in service delivery
Teamwork
Driving collaboration and shared success through unified effort
Committed to Excellence & Compliance
UCB Microfinance Bank Limited is committed to the principles of best business practices as articulated in its Corporate Governance Policy.
The Bank complies with:
- The Central Bank of Nigeria (CBN) Code of Corporate Governance for Microfinance Banks
- The Financial Reporting Council of Nigeria (FRCN) Code of Corporate Governance
- Relevant provisions of applicable banking and financial services regulations
We continually review and update our governance structures and processes to align with evolving regulatory standards and international best practices.
Strong Governance for Sustainable Growth
A vigilant, professional, and independent Board of Directors provides strategic direction, guidance, and oversight. There is a clear separation between the roles of the Chairman and the Managing Director to ensure unbiased oversight and accountability.
Board of Directors
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Experienced Leadership
- Authority: The Board operates within the scope of authority defined in the Bank's Delegation of Authority framework and regulatory guidelines.
- Composition & Independence: Experienced professionals in banking, finance, governance, and related sectors, including Non-Executive and Independent Directors.
Board Committees:
- Credit & Risk Committee
- Audit Committee
- Finance and General Purpose
Management Committees:
- Management Credit Risk Committee
- Assets and Liability Management Committee (ALCO)
- Information Technology (IT) Steering Committee
Commitment to Accountability
UCB Microfinance Bank Limited remains committed to transparency, accountability, and sustainable growth. The Board and Management work collaboratively to ensure governance structures support prudent risk management, regulatory compliance, and long-term stakeholder value.
Join Us in Building a Stronger Community
Whether you’re seeking financial services, exploring loan options, or looking to partner with us, UCB Microfinance Bank is here to support your growth and empower your business.
If you have any questions, Speak with our Customer Representative
Monday– Friday, 8:00am – 4:00pm.
+234 702 562 3967
UCB Microfinance Bank Limited – We Care, You Grow.
Contact Info
- Old Afor Market Square, P.O. Box 111, Umunya, Oyi LGA, Anambra State
- +234 702 562 3967
- info@ucbmfb.com
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