Gabsyn Microfinance Bank Limited is duly licensed and regulated by the Central Bank of Nigeria (CBN).
All client‘s deposits are insured by the NDIC (Nigeria Deposit Insurance Corporation).
In alignment with the CBNs goals of financial inclusion, we are determined to use simple financial solutions, strategic alliances, and partnerships to improve the socio-economic status of the financially excluded portion of the population.
As a partner in the actualization of the objectives of the NFIS, Gabsyn MFB, has positioned itself in a strategic location (Ikorodu) where it can use its well-trained, motivated, young and dynamic staff as well as its experienced management team to design and offer flexible, value-adding and sustainable financial services to the communities. There are millions of Nigerians who are yet to tap into the immense benefits available in the financial sector because they are currently excluded. Gabsyn MFB will open a viable avenue for such people to access a broad range of financial and social services such as loans, savings, payment services, money transfers, financial education, etc.
Microfinance Banks (MFBs) are critical to Nigeria’s financial inclusion goals, particularly because of their role in providing financial services to the underserved segments of the Nigerian economy. In a demonstration of its acknowledgment of the importance of the sector, The Nigerian government launched the National Financial Inclusion Strategy in 2012 (NFIS 2012), to achieve 80% inclusion by 2020. The NFIS was reviewed in 2012, and the CBN and its stakeholders came up with the Revised NFIS document which targets a 95% financial inclusion threshold in Nigeria by 2024. This is ambitious given that the financial inclusion index moved from 57.3% in 2010 to 60.3% in 2012 and 63.2% in 2020, a growth of about 5.9% in 10 years. Achieving a 31.8% increment in 4 years is indeed ambitious, but not impossible.
Company Details
- Employees
- 16
- Founded
- -
- Address
- A17-23, Sabo Ayangburen Market,, Ikorodu,lagos Satate,nigeria
- Industry
- Banking
- NAICS
-
Commercial Banking
- Website
- http://gabsynmfb.ng/
- HQ
- Ikorodu, Lagos Satate
Gabsyn Microfinance Bank Questions
Gabsyn Microfinance Bank's website is http://gabsynmfb.ng/
Gabsyn Microfinance Bank's LinkedIn profile is https://ng.linkedin.com/company/gabsyn-mfb
Gabsyn Microfinance Bank has
16 employees.
View email and phone details for 16
employees at Gabsyn Microfinance Bank.
Gabsyn Microfinance Bank's industry is
Banking
Gabsyn Microfinance Bank's top competitors are
Olive Microfinance Bank,
Moneymarque Finance,
Hillpost Microfinance Bank,
Enrich Microfinance Bank,
Livingspring Microfinance Bank,
Mab Allianz Microfinance Bank Limited,
Net Microfinance Bank Ltd,
Lawebod Microfinance Bank Ltd,
Cashrite Microfinance Bank Ltd,
The Gabsyn Peyzs.
Gabsyn Microfinance Bank's categories are Banking
Gabsyn Microfinance Bank's founding year is 2022
