Open an Account with us today
and access the following services at affordable rates:
Advance Payment Guarantee
Performance Bond
Bid Bond
Contract Financing
Working Capital Enhancement
Soroman Microfinance Bank Limited
. . . banking made easy.
Soroman Microfinance Bank Limited is committed to its passion of helping to improve the business opportunities of entrepreneurs by availing them of easy access to affordable loans, as well as improve the general financial status of everyone with its deposit accounts. It is a limited liability company duly incorporated in Nigeria under the 2002 Companies and Allied Matters Act, and is regulated by the Central Bank of Nigeria as a fully-fledged microfinance bank.
At Soroman Microfinance Bank Limited, strong capital base, development of superior asset quality, professionalism and corporate governance are abiding principles. The bank’s customer-specific approach to customer services consistently reinforces its value creation processes towards assisting customers in their goals.
Loans
Soroman MicroFinance Bank Limited offers business owners of Small and Medium Size Enterprises the opportunity to access loan products in a quick, transparent and efficient way. Building on our global expertise and on our international standards, we can assure our clients highest quality service and delivery.
Prospective borrowers do not need to have saved any money with Soroman MicroFinance Bank Limited before applying for a loan, as we do not support forced savings. All that is needed is an existing, viable business.
Savings
Soroman MicroFinance Bank Limited Savings Account gives you the advantages of competitive interest rates and the availability of your funds, without forfeiture of interest in case of withdrawal. The account may be owned by an individual, an organization or an association.
Bonds
The bond is a debt security, under which the issuer owes the holders a debt and (depending on the terms of the bond) is obliged to pay them interest (the coupon) or to repay the principal at a later date, termed the maturity date.