Why we are here

As part of our efforts towards promoting financial inclusion, FCMB (First City Monument Bank Limited) initiated a microfinance arm to provide financial services to the unbanked, under-banked low income segment, especially women in the rural parts of the country, thus promoting financial inclusion.

This is a clear indication that the unbanked sector is very critical and needs to be served. The survey further shows that access to financial services in Africa is persistently worse for women than it is for men, in spite of the important role they play in their families and communities. This makes it important to drive an initiative with deliberate strategy that targets women.

As an indigenous bank established over 30 years ago and with strong focus on sustainability and corporate responsibility, FCMB has the necessary structures in place to assist the economically viable low income earners with potential to do daily business and earn an income to support their families via sustainable growth opportunities.


The FCMB “E DON BETA” (Pidgin pronounced, meaning ‘It has gotten better’) product, designed as a group lending programme, aims to create financial awareness and empowerment for economically active women through microcredits at a reasonable cost.

This product provides access to unbanked and under-banked low income women for credit, savings and other financial services

Our promise to our customers is to delight them always with:

Fast & Easy Access to finance– Taking financial services closer to our people making it easy for them to access loans to finance their business undertakings. You can get your loan within a short time in your shop or office

Responsiveness – There are no cumbersome collateral requirements. The product is designed to take care of the needs and preferences of the low-income market, leveraging on their mutual trust and group collateral.

Excellent Customer Service – Our staff are friendly, down to earth, competent, trustworthy and always willing to help. We also ensure there are no language barriers, matching client groups with employees who speak their local languages.


As part of FCMB’s commitment to promote our clients and prospects’ wellbeing by supporting their fight against poverty and providing them with health education and care, we held Health Initiatives in Dugbe, Ibadan, in August 2015 and November 2016. FCMB employees joined the process as volunteers for smooth registration and crowd control.


FCMB MFB Contact Centre:                                     07007777778

Adetunji Lamidi      Adetunji.Lamidi@fcmb.com       07026144140

Friday Nwokolo      Friday.Nwokolo@fcmb.com       08060989991