WOLIWO MICROFINANCE BANK NIGERIA LIMITED IS A FOREMOST MICROFINANCE BANK, LICENSED BY CENTRAL BANK OF NIGERIA TO OPERATE AS A MICROFINANCE BANK IN NIGERIA. IT HOLDS A STATE LICENSE AND HENCE OPERATES IN ANAMBRA STATE. THE BANK COMMENCED OFFICIAL OPERATIONS ON JULY 4, 1994 UNDER THE NAME WOLIWO COMMUNITY BANK NIGERIA LIMITED WITH AUTHORIZED SHARE CAPITAL OF N5,000,000 (FIVE MILLION NAIRA ONLY) OF WHICH N3,088,000 (THREE MILLION EIGHTY-EIGHT THOUSAND NAIRA ONLY) WAS PAID UP.

THE COMPANY REGISTRATION NUMBER OF OUR BANK IS RC 243551.

THE BANK IS LOCATED AT NO 10 AKUNNIA NJOTE STREET, WOLIWO LAYOUT ONITSHA, IN ONITSHA SOUTH LOCAL GOVERNMENT AREA OF ANAMBRA STATE.

THE BANK AT COMMENCEMENT HAD A VISION TO SERVE THE BANKING NEEDS OF NUMEROUS LOW INCOME EARNERS AND ARTISANS IN IT’S CATCHMENT AREA WHO OFTEN REQUIRE LIFE-LINES BY WAY OF MICRO LOANS TO OVERCOME SHORT TERM LIQUIDITY PROBLEMS.IN THE LAST FEW YEARS, THE BANK HAS ATTRACTED PATRONAGE FROM SMALL & MEDIUM SCALE SUBSECTOR OF THE ECONOMY, CARVED A NICHE AS A SUPPORTIVE BANK FOR RETAIL BUSINESSES AND EMPOWERING MICRO BUSINESSES THROUGH DISTINCTIVE SERVICES. THE BANK’S COMMITMENT TO VALUE CREATION FOR ALL ITS STAKEHOLDERS HAS EARNED IT A SOLID REPUTATION AS A RESPONSIBLE CORPORATE CITIZEN AND EMPLOYER OF CHOICE.

THE BANK WAS ABLE TO GROW IT’S ASSET BASE ADEQUATELY THAT IT QUALIFIED FOR A CBN FINAL LICENSE AND WAS ISSUED A FINAL LICENSE NUMBER 000053 ON 20TH NOVEMBER, 2007.

THE LAST TEN YEARS (2005 – 2015) HAS SEEN THE BANKS PAID UP SHARE CAPITAL GREW FROM N3,000,000 TO N26,900,000 A LEAP OF MORE THAN 590% IN THE PERIOD MENTIONED, NET ASSETS HAD ALSO GROWN FROM N68,483,000 TO N129,457,000 REPRESENTING 88% GROWTH IN THE PERIOD.