Draft:Mutual Trust Microfinance Bank
Submission declined on 3 September 2024 by Timtrent (talk).
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Comment: Your references are almost as poor as those referred to in Wikipedia:Articles for deletion/Mutual Trust Microfinance Bank whic was four years ago. I see PR and churnlaism, LinkedIn, directly entries and nothing more 🇺🇦 FiddleTimtrent FaddleTalk to me 🇺🇦 16:46, 3 September 2024 (UTC)
Mutual Trust Microfinance Bank[1] (MT MFB) is a private microfinance bank headquartered in Wuse 2, Abuja, Nigeria. Established in 2016,[2] it aims to be a leading microfinance bank in the country. The Chairman of the bank is Mr. Dare Adeniji and the MD/CEO is Mr. Josh Oyebisi.[3]
History
[edit]Mutual Trust MFBank began operations with a limited team[4] and product range. Through strategic changes in leadership and focus, the bank has grown to become a prominent microfinance institution in Nigeria. Their initial focus shifted to serving the "lower echelons of the economic pyramid" specifically, targeting households and small businesses.
Current executives
[edit]The table below shows the current Group Board of Mutual Trust MFBank Limited:
| S/N | Name of Executives | Title/Designation |
| 1 |
Jare Adeniji[edit] |
Chairman |
| 2 |
Dr. Mike Egboh[edit] |
Director |
| 3 |
Dr. Franklyn Akinyosoye[edit] |
Director |
| 4 |
John Aond'Akaa Abwa[edit] |
Director |
| 5 |
Bukoye Ayoola[edit] |
Chief Marketing & Strategic Officer |
| 6 |
Gbenga Omotoyinbo[edit] |
Chief Financial Officer |
| 7 |
Gbenga Adetola[edit] |
Chief Corporate Services Officer |
| 8 |
Babatunde Alabi[edit] |
Head Risk management Risk |
| 9 |
Odiaka Gerald[edit] |
Head, Audit & Chief Compliance Officer |
| 10 |
Omotola Balogun[edit] |
Head, Operations |
| 11 |
Isaiah Omede[edit] |
Ag. Head, Internal Control |
Products
[edit]Mutual Trust MFBank offers a range of microfinance products tailored to specific client needs:
- SME Loans: Small loans for entrepreneurs and small businesses.
- MT Loans: Loans specifically for public organization employees.
- Savings Accounts: Accounts for individuals and groups to save money.
- MT Plus Loans: Loans for private organization employees.
- IPPIS Loans: Loans for federal civil servants in Nigeria with active employment status.[5]
- Deposit: Guaranteed ROI for individuals/organisations looking to invest and grow their funds.
Impact
[edit]Mutual Trust MFBank has a reported positive impact on the communities it serves, including:
- Financial Inclusion: Providing access to essential financial services for low-income individuals and communities.
- Economic Empowerment: Enabling clients to start or expand businesses, invest in education and healthcare, and improve their overall well-being.
- Poverty Reduction: Contributing to poverty reduction by providing access to financial services and promoting economic opportunities.[6]
- in-depth (not just brief mentions about the subject or routine announcements)
- reliable
- secondary
- strictly independent of the subject
Make sure you add references that meet all four of these criteria before resubmitting. Learn about mistakes to avoid when addressing this issue. If no additional references exist, the subject is not suitable for Wikipedia.