NPF Microfinance Bank Plc has been recognised by the Development Bank of Nigeria (DBN) as the microfinance bank with the highest impact in the North-West.
NPF MfB got the DBN Annual Service Ambassador Award as the MfB with the highest loan disbursement in the North-West.
NPF MfB was honoured for its impact in the Micro Small and Medium Enterprises (MSMEs) space through credit expansion, credit guarantee and technical support to the businesses.
The awards, recently held at Civic Centre, Victoria Island, Lagos, was the third in a series organised by the DBN for its partners, including Deposit Money Banks (DMBs) and Participating Financial Institutions (PFIs).
Managing Director/CEO NPF Microfinance Bank Plc, Mr. Akinwunmi Lawal, said the bank is living its vision of value and wealth creation for its stakeholders through the sustainable provision of financial products and services.
He said the win is an indication that the market is taking note of the efficiency, resourcefulness and commitment that NPF Microfinance Bank Plc brings to its customers.
Lawal said the bank will continue to provide tech-driven quality services that are innovative and supportive to clients’ businesses.
Managing Director/CEO, DBN, Tony Okpanachi, said NPF MfB’s commitment to forging a lasting impact on MSMEs through collaboration is a testament to its dedication to fueling sustainable economic growth.
“The true essence of the DBN Awards shines through—a celebration of sustainable triumph, where today’s aspirations evolve into tomorrow’s achievements. The occasion unfolded as a day of jubilation, marked by celebration, partnership, and resounding applause,” he said.
The DBN Ambassadors Programme was designed to increase the sense of ownership among participating financial institutions, build capacity, increase on-lending to Micro, Small and Medium-scale Enterprises (MSMEs) and, ultimately, deepen financial inclusion in Nigeria.
Other awards won by NPF MfB Plc included the Nigeria Investor Value Awards (NIVA) organised by Business Day and NGX; Best Performing Stock (Financial Services: Microfinance Banks) (2022); Award of Honour presented to the Managing Director, Mr. Akinwunmi Lawal in recognition of his contribution and support to the growth and development of the Southwest Zone of National Association of Microfinance Banks (NAMB).
It was presented by Mrs. Adebimpe Esther Ogunleye, the Chairman, Southwest Zone 2020-2022 National Association of Microfinance Banks; the Chartered Institute of Bankers of Nigeria, 2022 Branch Merit Award presented to NPF Microfinance Bank as the 1stRunner Up, Most Supportive Microfinance Bank 2022, among others.
NPF Microfinance Bank Plc will continue to strive to make life better for all, its management said.
Source: The Nation
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