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Personal Trust Microfinance Bank logo — company profile

Personal Trust Microfinance Bank

Founded 1993 Nigeria Nigeria 45 employees Finance, Financial Services +2

General Information

Company Name Personal Trust Microfinance Bank
Founded Year 1993
Location Nigeria Nigeria +1
Employees 45
Industries Finance, Financial Services, Lending and Investments +1
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About Personal Trust Microfinance Bank

Personal Trust Microfinance Bank is a microfinance bank based in Lagos, Nigeria. The bank, initially registered as Personal Trust Savings and Loans in 1993, operated as a mortgage bank. In 2014, it was licensed by the Central Bank of Nigeria to function as a state microfinance bank, and its parent company, First Ally Capital Limited, acquired the existing mortgage bank, converting it into a microfinance bank with a share capital of approximately N632 million. The bank's primary focus is on providing microfinance services to individuals, small and medium-scale enterprises, with the ultimate goal of expanding to become a National Microfinance Bank. Personal Trust Microfinance Bank offers a range of financial products, including savings, loans, and tailored solutions to cater to the specific needs of its customers. With its operations aimed at the unbanked and underbanked population, the bank holds potential for growth and impact in the Nigerian financial services sector. For more information, visit their website at personaltrustmfb.com.

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Personal Trust Microfinance Bank Alternatives & Competitors

Personal Trust Microfinance Bank vs
LAPO Microfinance
LAPO Microfinance Nigeria

Savings | Loans | Housing | Education | Agriculture | Clean Energy

3047 employees
Personal Trust Microfinance Bank vs
Omoluabi Mortgage Bank Plc
Omoluabi Mortgage Bank Plc Nigeria

Omoluabi Mortgage Bank Plc is a Primary mortgage Institution that is regulated by the Other Financia...

17 employees
Financial Services, Real Estate
Personal Trust Microfinance Bank vs
Nigeria Mortgage Refinance Company Plc
Nigeria Mortgage Refinance Company Plc Nigeria

NMRC is a wholesale financial institution that refinances mortgage portfolios of Mortgage and Commer...

17 employees
Finance, Financial Services

FAQ About Personal Trust Microfinance Bank

Personal Trust Microfinance Bank is a microfinance bank operating in Lagos, Nigeria. The Bank was licensed by the Central Bank of Nigeria to operate as a state microfinance bank in year 2014. Formerly known as Personal Trust Savings and Loans, it was first registered in 1993 and operated as a mort...
Personal Trust Microfinance Bank was founded in 1993.
Personal Trust Microfinance Bank is headquartered in Nigeria.
Personal Trust Microfinance Bank operates in the following industries: Finance, Financial Services, Lending and Investments, Banking.
Personal Trust Microfinance Bank has approximately 45 employees.
Top alternatives and competitors to Personal Trust Microfinance Bank include LAPO Microfinance, Omoluabi Mortgage Bank Plc, Nigeria Mortgage Refinance Company Plc, Federal Mortgage Bank of Nigeria, First NBC. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Personal Trust Microfinance Bank and LAPO Microfinance are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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