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About Us
Calabar Microfinance
Bank is an integrated financial service institution with a hard
earned reputation for excellent financial business practices and
a goal of fostering wealth creation by supporting and promoting
business and entrepreneurial development among the
economically/entrepreneurially “Active poor” and under-banked
population. With its Corporate Headquarters at No. 72 Egerton
Street, Calabar. CMF Bank started as a Community Bank in Cross
River State fully licensed by Central Bank of Nigeria.
Calabar MFB was
incorporated as a Private Limited Liability Company by a group
of Nigerians in April 14th 1992 (Then Calabar Community Bank )
the Bank received its Community banking provisional license in
June 30th 1992 and commenced operation in August 15th 1992. It
operated as a Community Bank under the supervision of National
Board for Community Bank until 2003 when the supervision and
regulatory functions was transferred by the Federal Government
of Nigeria to the Central Bank of Nigeria (CBN) and the Bank
applied and obtained a banking license in May 25th, 2004 from
the CBN.
Calabar Microfinance
Bank is engaged in the business of satisfying her customers by
providing Consumer/Retail banking services to Corporate,
Commercial and individual customers. Its products and services
include; Savings, Current accounts, Term Deposits, Microfinance
Services, Trade financing, Funds Management, LPO Financing etc.
The bank also offers Salary Administration Services to a large
numbers of corporate organizations and Government.
Calabar Microfinance
Bank within the decades it commenced operations has made its
mark in Profitability and all other performance indices within
the State and all over Nifgeria and has maintained this prime
position to date.
Customer Base
Calabar Microfinance Bank has remained a major player in the
following business segments controlling a substantial market
share in each category; |