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A fully recapitalized microfinance bank for sale in Lagos

Lagos

Added on July 6, 2023

Title of your offer:

A fully recapitalized microfinance bank for sale in Lagos

Nature of the business:

Microfinance banking

Industry sector your business operates in:

Microfinance banking

Year Business Was registered: 2017

Products and services offered by the company:

Microfinance banking services
Loans
Savings accounts
Current Accounts
Term deposits
Leases

Number of years the business has been in operation: 6

City and State The Business is Located:

Lagos

Number of Staff Members: As per report

Type and Value of Assets and Liabilities:

Banking infrastructure

Creditors and Debtors,

As per report

Type and Number of Clients:

As per report

Profitability of the business:

As per report

Current Condition of the Business:

Operational

Reason and Purpose of Your Choice:

Business diversification

Price and Amount of Money/Investment you seek for the business:

N350 million

Types of Company Records Available for Inspection:

Regulatory approvals
Assets register
Management accounts

Are you acting as an Agent or are you the business owner?:Agent

A fully recapitalized microfinance bank for sale and based in Lagos. The bank has three branches in Ikeja, Ipaja and Ikorodu. The owners are selling 100% stake of the business excluding assets and liabilities. The bank has share capital of N600 million. The sellers will take responsibility for the assets and liabilities and indemnify the buyers.

Serious and Interested Buyers should contact:

BuyMyBusiness Business Brokers