Microfinance Institutions bemoan unstable Forex Trend as Huge Obstacle to Micro, Small Business Growth
Microfinance institutions in Nigeria are bemoaning the current economic recession and the lingering unstable or unpredictable foreign exchange trend ...
War Against Economic Recession: Umuchinemere Pro-Credit Micro Finance Bank Disburses
N920.2Million In 2016
In its contribution to the fight against Nigeria's present economic recession, the Enugu based Umuchinemere ...
Umuchinemere Procredit Micro Finance Bank Nigeria Limited (UP-MFB), formerly Umuchinemere Community Bank (UCB), was established in 1995 by the Catholic Diocese of Enugu, Nigeria. It started operations precisely on July 22, 1995. Following a new policy guideline of the Central Bank of Nigeria (CBN), introduced December 15, 2005 by the Federal Government of Nigeria, on establishment of Micro credit financing (that Community Bank changes to Micro Finance Bank), Umuchinemere transformed into Umuchinemere Procredit Micro Finance Bank Nigeria Limited (UP-MFB).
A Micro Finance Bank with ethical standard offering best in class finance products and serves that are innovative, socially responsible, customer-oriented, promoting sustainable Stakeholder participation and integral human development.
Gospel inspired Micro Finance Bank at the service of the people.