Dambatta Makoda Microfinance bank NIG. LTD was incorporated as a community bank on 25th feb, 1994, with CAC registration No. 273766. It commenced banking operation immediately after its incorporation to its esteemed Customer mainly within Dambatta Community and its neighboring settlement. Over the years, the bank has grown into full time microfinance institution by virtue of conversion and grant of approval by Central Bank of Nigeria (CBN) to operate as Dambatta Makoda Microfinance Bank LTD in December 2008. For continuity of financial service to economically active individuals and business enterprise with view to reducing poverty to its barest minimum and eradicate it completely from our society.
Our funds are further insured by Nigerian Deposit Insurance Corporation (NDIC), therefore our esteem customers are guaranteed the safety and security of their funds with the Bank.