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The Bank

Borstal Microfinance Bank Limited was licensed to operate as a unit Microfinance Bank on 5th March, 2012 by the central Bank of Nigeri (CBN) and commenced operation in September. The Bank which is fully owned by staff of Nigerian Correctional Service and Nigerian Correctional Multipurpose Co-operative Society has has in more than 12 years of operation grown its balance sheet size to more than a Billion Naira (N1,000,000,000:00) driven by a clear VISION, MISSION and CORE VALUES.

Our Vision

To guarantee quality life now and in future for officers of Nigerian Correctional Service and all our esteem customers.

12 +

Years

Industry Experience

and MISSION are

- To Facilitate and Support Entrepreneurship
- To Attract Customers Through Best Practises
- To Drive Financial Services Through Modern Ttechnologies
- To Initiate Programmes and Activiies that Encourages Savings

Score Card

21

Team Members

2500

Projects

5

Awards Achieved

15734

Customer Base

The Executives

SULE R. GARBA
MD/CEO
SULE R. GARBA

MD/CEO

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OMALI N. PETER
HEAD OPERATIONS
OMALI N. PETER

HEAD OPERATIONS

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KOLAWOLE C. ASAOLU
HEAD INTERNAL AUDIT
KOLAWOLE C. ASAOLU

HEAD INTERNAL AUDIT

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LIBEHU D. PAUL
HEAD CREDIT
LIBEHU D. PAUL

HEAD CREDIT

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JOSHUA T. MOHAMMED
HEAD IT
JOSHUA T. MOHAMMED

HEAD IT

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AJAYI OLORUNYOMI
HEAD RISK MANAGEMENT
AJAYI OLORUNYOMI

HEAD RISK MANAGEMENT

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