Tier 2 Microfinance Bank in Kano State for sale

Tier 2 Microfinance Bank in Kano State for sale
STATUS of Offer: AVAILABLE / DEAL OPEN
Title of your offer:

Tier 2 Microfinance Bank in Kano State for sale

Nature of the business:

Microfinance banking

Industry sector your business operates in:

Microfinance banking

Year Business Was registered: 2012
Products and services offered by the company:

Microfinance banking services

Number of years the business has been in operation: 12
City and State The Business is Located:

Kano

Number of Staff Members: 15
Type and Value of Assets and Liabilities:

Microfinance assets

Creditors and Debtors,

Available on request

Type and Number of Clients:

Microfinance clients

Profitability of the business:

Profitable

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:

N270 million excluding agency fees

Types of Company Records Available for Inspection:

License
Records

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

Tier 2 Microfinance Bank in Kano State for sale. Interested parties are invited to indicate interest through a formal LOI, following which NDA execution and due diligence access will be arranged promptly.

1. Transaction Overview
The MFB is (“the Bank”) is a licensed and operational Tier-2 Microfinance Bank located in Kano State, Nigeria, available for 100% equity acquisition.  The proposed transaction is a share sale and full acquisition of the Bank.

2. Key Transaction Terms
 Licence Category: Tier-2 Microfinance Bank
 Regulator: Central Bank of Nigeria (CBN)
 Location: Kano State, Nigeria
 Transaction Type: Sale of 100% issued share capital
 Asset Scope: Sale is strictly of the banking licence and corporate entity. No bank building or real estate is included in the transaction. License only

3. Financial Structure
• Purchase Price (Equity Value): ₦280,000,000
• Recapitalization Requirement: ₦78,000,000
• Total Financial Exposure: ₦358,000,000
The recapitalization amount reflects regulatory capital alignment requirements and will be addressed by the Buyer post-acquisition in compliance with CBN directives.

NOTE: THIS AMOUNT IS NON-NEGOTIABLE
4. Agency / Commission
• Agency / Commission Fee: 10%
• Payable by: Buyer
• Payable Upon: Successful completion of the transaction

5. Regulatory Status
• The Bank is validly licensed and operational.
• The most recent CBN examination of the Bank was conducted in September / October 2025.
• No adverse regulatory action has been disclosed as at the date of this brief, subject to standard regulatory confirmations during due diligence.

6. Confidentiality & Disclaimer
This brief is issued strictly on a confidential and non-binding basis. It does not constitute an offer or solicitation. Any binding obligation shall arise only upon execution of definitive transaction documents and receipt of requisite regulatory approvals.

7. Contact & Next Steps
Interested parties are invited to indicate interest through a formal LOI, following which NDA execution and due diligence access will be arranged promptly.

Send LOI to

BuyBuyMyBusiness.Com.Ng Business Brokers

 

 

Sign In

Register

Reset Password

Please enter your username or email address, you will receive a link to create a new password via email.