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Umuchinemere Procredit

Microfinance Bank Nigeria Limited

... making money work for you!

News & Events

2020 News Updates:

  • Rev. Fr. Aguigwo takes over the Chairmanship of Umuchinemere Pro-Credit Micro Finance Bank Enugu


  • 2019 News Updates:

  • Umuchinemere Pro-credit Micro Finance Bank throws behind Federal Government's food sufficiency programme, gives N50m to 209 small scale farmers in Enugu State to boost agriculture, calls for special court/legislation against loan default

  • UPMFB begins ATM Banking Operations

  • Umuchinemere Pro-credit Micro Finance Bank steps up action against poverty, gives ₦268m to 1,125 active poor people in first qtr of 2019

  • Micro Finance Bank Contributes ₦1.1billion to the Growth of Nigeria's Economy in 2018


  • 2018 News Updates:

  • Umuchinemere MFB Pays ₦0.05 Div, Assures On New ₦1bn Capital Base

  • Umuchinemere Pro-credit Micro Finance Bank (UPMFB) Gives ₦451.1million to 2114 active poor persons in Enugu State

  • Umuchinemere Pro-credit Micro Finance Bank Wins CBN Best Bank Award

  • Umuchinemere PMFB disbursed ₦409.2m in 1st Half of 2017

  • Recession/Unstable Forex regime: Ekete advocates for Govt's intervention projects for MSMEs

  • Benefit from the Umuchinemere Pro-credit Micro Finance Bank /CBN Agricultural Credit Guarantee Scheme Fund, Anchor Borrowers' Programme and FG Govt.'s Enterprise and Empowerment Programme

  • Agricultural Credit Guarantee Scheme Fund

  • Anchor Borrowers Programme (ABP)

  • UPMFB has a new Company Secretary


  • 2017 News Updates:

  • Microfinance bank operators decry politicisation of the FG's N220 billion MSME development fund, identifying it as a major impedement to achieving the goals of the fund

  • Microfinance Institutions bemoan unstable Forex Trend as Huge Obstacle to Micro, Small Business Growth

  • War Against Economic Recession: Umuchinemere Pro-Credit Micro Finance Bank Disburses N920.2Million In 2016


  • 2016 News Updates:

  • Umuchinemere Pro-credit Micro Finance Bank Ltd: A Tool for Customer and Business Growth

  • Umuchinemere Procredit Micro Finance Bank Ltd: An Oasis

  • UPMFB Director, Rev. Fr. Anthony Igwe, earns triple honours: Obtains 3rd Doctorate degree, rises to senior Lecturer at UNN and appointed into Enugu State Health Advisory C'ttee

  • Anieke, Oguanya join UPMFB Board

  • "My priority is to provide the staff of Umuchinemere Pro-credit Micro Finance Bank the conducive environment to do their job and perform optimally to make the bank even move higher; and I would not want finance or any worldly thing to dictate my life" – Msgr Anijielo

  • Msgr Anthony Anijielo assumes office as new Chairman of Umuchinemere Pro-credit Micro Finance Bank

  • New Chairman of Umuchinemere Pro-Credit Micro Finance Bank

  • UPMFB records N55.3m profit, pays 10kobo Dividend in 2015, opens a new office at Abakpa Nike Timber Market

  • Umuchinemere Pro-Credit Micro Finance Bank Empowers 796 Active Poor People with N247.72m Micro Credit Funds in the First Half of 2016

  • 3,814 active poor people received N712.4m micro credit funds from Umuchinemere Microfinance Bank in 2015 in Enugu State

  • Umuchinemere Pro-credit Micro Finance Bank at the first Enugu State Investment Summit

  • Umuchinemere Pro-credit Micro Finance Bank records increased earnings, pays 16Kobo per share dividend to shareholders



  • 2015 News Updates:

  • What Bishop Onaga told Umuchinemere Pro-Credit Micro Finance Bank

  • Bishop Onaga cuts the 20th UP-MFB Anniversary cake

  • CBN fetes 3 microfinance banks for helping Enugu rural farmer, traders

  • Umuchinemere Pro-credit Micro Finance Bank records 15kobo per share dividend


  • 2014 News Updates:

  • Notice of Annual General Meeting of Umuchinemere Pro-Credit Micro Finance Bank (UPMFB) Limited

  • Umuchinemere Pro-Credit Micro Finance Bank empowers 1,360 poor people with N288.64million micro credit funds in three months

  • For homeboy, Monsignor Ike, honour from the diaspora

  • Umuchinemere Bank disburses a total of N532.3m micro credit funds to 3,590 beneficiaries in the first half of 2014

  • Umuchinemere MFB raises its share price

  • Umuchinemere Pro-credit Micro Finance Bank (UPMFB) begins CBN’s Cashless Policy, Extends Operations to Abuja

  • Umuchinemere Bank posts 11kobo dividend to its shareholders, records 223% rise in earnings per share




  • 2013 News Updates:

  • Umuchinemere Pro-Credit Micro Finance Bank Disburses N406m To 1,961 Poor People in 1st half of 2013

  • Continues It's Rural Banking Expansion, Moves to Umumba Ndi Agu

  • UPMFB'S Micro Credit beneficiaries advised to use the funds wisely

  • Umuchinemere Pro-credit Micro Finance Bank gets CBN praise

  • Why you should bank with Umuchinemere PMFB- Prof. Anieke

  • Physically challenged persons demand Parliamentarians, Governorship seats, Priesthood

  • as UPMFB's former director, Peter Adione-Egom, and staff, Jenifer Ogbonna, also went home to their creator

  • Two new personalities join UPMFB Board

  • Monsignor Prof. Obiora Ike loses his 101-year old father

  • Umuchinemere Pro Credit Micro Finance Bank disburses a total of N121.4m to the poor in 1st quarter of 2013




  • 2012 News Updates:

  • Umuchinemere MFB Balance Sheet hits N1.8B

  • CBN extols Umuchinemere Pro-credit MicroFinance Bank

  • Uduatata (Fr. Tony Igwe) clocks 10 years in Priesthood

  • Microfinance Operators Seek Govt. Support of MFBs

  • Umuchinemere Microfinance bank pays 3kobo dividend per share, records outstanding capital adequacy ratio of 59.19% in 2012

  • 2011 CBN Approved Balance Sheet

  • October 2012 Update




  • 2011 News Updates:

  • UP-MFB decries non repayment of loans as major obstacle against Poverty Eradication in the Country

  • Umuchinemere Procredit Micro Finance Bank empowers about 300 active poor with Micro Credit Funds

  • Troubled Economy: We Only Need the Right Institutions

  • Umuchinemere Micro Finance Bank disburses over N42.3 Million to 746 active poor

  • UPMFB now at Ugbo Odogwu

  • Interview: Microfinance banks can do better than commercial banks – Wale Adeduro

  • News extra: For pushing him down, robbery suspect wants his victims prosecuted, demands compensation

  • Association of microfinance banks advised on cashless policy

  • Umuchinemere Pro-credit Microfinance Bank Adds Three More Branches

  • Bank Boss Decries Cashless Policy

  • Godfrey Okoye University bolsters up tie with Umuchinemere Bank (donates computers to the bank).

  • UPMFB complies with CBN’s Policy on rendering Returns Electronically

  • Monsignor Ike clocks 30…, To deliver 2011 Odenigbo Lecture

  • Bank Condoles Fr. Aguigwo

  • Encomiums as Archbishop Obiefuna go to Rest

  • Celebrating Anueyiagu, Veteran Journalist at 50

  • Umuchinemere Pro-Credit Micro Finance Bank Gives 2,338 Poorest Of The Poor A Total of N194m In 1st Six Months Of 2011.

  • Microfinance Bank Boss Decries Cashless Policy as Inimical to MFBs

  • UP-MFB disburses over N42.3 million lifeline to 746 active poor in Enugu State

  • Umuchinemere Microfinance Bank to assist Enugu State Govt. manage its Small/Medium Credit Fund

  • Umuchinemere Pro-credit Micro Finance Bank records another milestone

  • Umuchinemere Pro-Credit Micro Finance Bank (UPMFB) supports CBN’s new capitalization policy for microfinance banks

  • Mgsr. Ike extols Rev. Fr. Inmpeh’s virtues

  • Ike speaks on developments in Nigeria's Money Market

  • Enugu becomes World Bank headquarters for Agric initiative

  • Russian president expressed fear over euro

  • UPMFB chairman wins Henrich Pesch price




    2010 News Updates:

  • Miserable Millionaire gives up all to charity

  • World Bank Plans N76bn Facility Support for Nigeria

  • UPMFB Serving As Instrument Of Economic Evangelization, Goes To Emene

  • Chime Returns 655 Schools To The Catholic Church

  • German Bank moves to invest in Nigeria’s Microfinance sector, chooses Umuchinemere PMFB Enugu

  • UPMFB takes delivery of 300 2nd batch coal city cabs; The new cabs blessed

  • Institutional support imperative for Nigeria’s economic reforms agenda, says Enemark

  • UPMFB Rewards Staff

  • Umuchinemere Pro-Credit Micro Finance Bank Defies Odds, Decleares 15 Kobo Dividend To Shareholders For 2008

  • 2008 Financial Year: UPMFB Posts 15k Dividend

  • My Internship in Germany Will Help Improve My Work, Says Ekete

  • Celebration of Life at 90




    2009 News Updates:

  • UP-MFB Scores Another First, manages coal city cabs scheme

  • UP-MFB Ltd. targets N 145m in 2009, plans to network all its branches, commends Enugu State Government

  • UP-MFB goes on business mission to ESEC

  • UP-MFB Chairman heads Ethics West Africa Survey

  • We are fighting poverty - Ike

  • Msgr. Prof. Ike turns 53 years old

  • Onaga becomes Enugu Bishop

  • Managerial Rise

  • Appointments

  • Africa needs $96B for water, sanitation


  • News & Events

    • Rev. Fr. Aguigwo takes over the Chairmanship of Umuchinemere Pro-Credit Micro Finance Bank Enugu

      The Enugu-based Umuchinemere Pro-credit Micro Finance Bank, which was established by the Catholic Diocese of ...



    • Umuchinemere Pro-credit Micro Finance Bank throws behind Federal Government's food sufficiency programme, gives ₦50m to 209 small scale farmers in Enugu State to boost agriculture, calls for special court/legislation against loan default



    • UPMFB begins ATM Banking Operations

      UPMFB has commenced ATM banking operations. The ATM is located at the bank's Corporate Headquarters, No. 5/9, CIDJAP Street, Uwani Enugu.



    • View all news & events