The Bank was incorporated on 9th June, 2014 as First Access Microfinance Banking Corporation. The Bank commences banking business on 5th January, 2015. The company on engaged in business of maintenance Banking and has growing steadily since inception in the community.
The Bank has State licenses
First Access Microfinance Bank Limited has a total of seven (7) members on its Board of Directors who are highly distinguished individuals with impressive accomplishments and expertise constantly brought to bear in the decision making of the Board of Directors.
IFirst Access Microfinance Bank Limited comprises dynamic leader drawn from various disciplines, bringing their expertise and the year of experience to pivot the rapid growth and expansion of organization. Together, the team led by a visionary Managing Director has dared to dream while carrying to deliver in every area of presence propelling quantum growth and ensuring satisfactory service to customers and profitability to all shareholders.
VISION: FAMB is committed to the development of the Financial with an ambition for excellence and quality.
VALUES: Shareholder, management and staff of FAMB share strong corporate value in particular transparency, performance orientation, social and environmental responsibility and client protection. To achieve its objectivities and to establish a strong corporate culture based on its values FAMB invest heavily committed to improving access to financial in Nigeria.
MISSION: FAMB is a social and responsible bank and the Bank of choice for micro and small enterprises. It strives to be the leading provider of financial services in this market segment in Nigeria. The Bank’s loans are primary based on an assessment of the borrower’s repayment capacity. Business loans are core product of the Bank. FAMB builds –up long time business relationship with customers based on responsibility and mutual respect. By doing so it promotes a savings culture and supports borrower to build –up a credit history. FAMB shareholders have a long term investment horizon and expect a reasonable commercial return on investment.