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History
Ilobu MicroFinance Bank was incorporated as a limited liability Company on 24 February 1991,it commences banking operation in October 1993.
The head office/unit branch of Ilobu MicroFinance bank is in Ilobu,Osun State.The bank was established to carry on general financial and banking business and general financial operations of all kinds and in particular to lend or advance money.
Over the years,We provide a range of high quality banking services to our various customers through a team of skilled, innovative and dedicated Professionals.The bank is also fully Computerized with a state of the art IT equipment.
Our Mission
To provide efficient, innovative, and qualitative banking services whilst demonstrating a high sense of social responsibility.
To ensure optimal customer satisfaction by utilising skilled and motivated professionals with the aid of modern information technology geared towards success and steady growth.
Our Products and Services
We provide Banking Services such as:
- Savings Account
- Current Account
- Time Deposit Account such as:
- Fixed deposit
- Ileya Oloyin
- Keresi Aladun
- Pilgrimage(Hajj) scheme and
- Daily contibution
- Small scale Project financing
- Personalised Customer Services
- Agricultural Financing
- Financial advisory services
- Cash Pick-up(on ceremonies,launchings,after-sunday services,special prayers,etc)
- Cash deliveries
- Credit related products such as
- MOSSAD Loan (Monthly Salary Advance) for Salary earners
- Group Lending (without tangible collateral)
We also engage in Saturday banking so as to accommodate the Civil Servants and our people who live outside the state.
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