We are a Microfinance Bank that is duly licensed by the Central Bank of Nigeria to offer banking services especially to NNPC Staff, the low income micro and small entrepreneurs as provided under Banking and Other Financial Institution Act (BOFIA) 1991. ABUCOOP Microfinance Bank Limited is a microfinance banking initiative of the NNPC Multipurpose Cooperative Society Abuja with Asset base of over Ten Billion Naira, in addition to their other investments in:
- Petro Service Station (NNPC Mega Station)
- Departmental Stores
- Real Estate and Properties etc
ABUCOOP MFB operates from three branches. The two branches in Kubwa and Nyanya attends to the banking needs of largely artisans through its microcredit scheme called “Abu-Support”. The Head office branch which is located at Millennium Builder Plaza Central Business District almost opposite the NNPC Towers is largely patronized by NNPC Staff and Contractors.
As a modern micro-finance bank, ABUCOOP MFB offers to its customers a broad range of first class banking products. We offer a suite of products through various channels including Current accounts, Savings accounts, Term Deposits, Target Savings account, amongst others.
We are dedicated to excellence and constantly change the status quo to ensure we deliver superior solutions thereby creating sustainable value for all our stakeholders. Our business loan solutions include:
- Working capital/Overdrafts
- Trade finance (Work order/LPO)
- Drawing against un-cleared effects (DAUE)
- Asset Lease financing
- Salary advance
- Children School fees/Educational loans
- Emergency/Disaster loans
- Abu-Turn by Turn
- Co-operative loans, etc.