Why become a NAMB Lagos Chapter Members?

As a CBN-licensed MFB in Nigeria, it is mandatory that you register as an institution with the national body of the association i.e. National Association of Microfinance Banks (NAMB), which headquarters is located at Abuja. It is statutorily and regulatorily mandatory that all licensed microfinance banks in Nigeria are registered with NAMB; and must observe their statutory obligations and adhere to its rules and regulations. Hence, the NAMB is the apex body of all licensed MFBs in Nigeria.

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Support we give to you

ADVOCACY

We provide the requisite platform for micro-finance practitioners to influence policy direction on the micro-finance banking sub-sector.

TRANSPARENCY

At National Association of Microfinance Banks, Lagos, we monitor and enforce transparency and professionalism in the operations of members.

NETWORKING

At National Association of Microfinance Banks, Lagos, e act as organ for the creation of effective network for information dissemination amongst member-institutions.

RISK MANAGEMENT

At National Association of Microfinance Banks, Lagos, we encourage the establishment of credit bureau to assist practitioners in sharing risk assistance information.

CODE OF ETHICS

At National Association of Microfinance Banks, Lagos, we protect and checkmate abuse of customers of MFBs through development of appropriate codes of professional ethics.

COMPLIANCE

We encourage performance reporting standards through rendering of prompt, accurate returns, and creation of effective performance standards to guide operators.

WHO WE ARE

Our Mission,
Values and Motto

Our vision is to encourage establishment and growth of sustainable MFBs and our values are Ethics, Sustainability and  professionalism.

The NAMBLAG is the Lagos State Chapter of the National Association of Microfinance Banks (NAMB). The umbrella body for licensed microfinance banks in Nigeria.  Our secretariat is situated at No. 248, Ikorodu Road, Beside Falemi House, via Obanikoro Bus stop, Palmgrove, Lagos.

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achievements & statistics

Our 5 years of operation

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Microfinance Banks Under Us