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About IMFB - Who We are
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
At Ilobu Microfinance Bank Limited,Our mission is 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.
Also ,our vision is to be the leader in the provision of financial services to the communities.
To achieve the above ,our range of products and services are unique, and are designed accordingly.They include micro-savings,micro-loans,Financial advisory services,etc. The highlights of our banking services and products are :
Savings Products
- Educational Advancement Savings Account
- Festivals Target Savings Account
- Special Personal Savings Account
- Daily Contributions Savings Scheme
- Solidarity Group Savings Scheme
Loans Products
- Monthly Salary Advance
- LPO Financing
- Solidarity Group Loan Scheme
- Trading and working capital loan
- Artisans Equipments acquisition loans
Other Services
- ATM Services 24 hours
- Financial Advisory services
- Cheque discounting services
- Cash pick-up
- Cash deliveries
- Micro Insurance scheme
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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