A State Microfinance Bank License For Sale

A State Microfinance Bank License For Sale
STATUS of Offer: AVAILABLE / DEAL OPEN
Title of your offer:

A State Microfinance Bank License For Sale

Nature of the business:

Microfinance bank

Industry sector your business operates in:

Microfinance Banking

Year Business Was registered: 2010
Products and services offered by the company:

Microfinance banking services

Number of years the business has been in operation: 15
City and State The Business is Located:

Abuja

Number of Staff Members: 12
Type and Value of Assets and Liabilities:

Microfinance assets

Creditors and Debtors,

Available on request

Type and Number of Clients:

Available on request

Profitability of the business:

Subject tooperations

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:

N1.144 billion

Types of Company Records Available for Inspection:

Approvals, Licenses and Accounts

Are you acting as an Agent or are you the business owner?:Agent
A State Microfinance Bank License for sale. The State microfinance bank has six branches located within its immediate area of operation and it is currently functional
1. Current deposit liability of N174m, 
2. Physical software and hardware infrastructures , apart from computer systems the software is outsource through Bankone ( Appzone)
3. Last profit figure per Dec 2022 Audited Account: (N50,775,548)
4. Share Capital: N119, 283,000.
Asking Price is N1.145 billion
Interested and serious investors should contact

BuyMyBusiness.Com.Ng Business Brokers

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