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Ikiodiete George
- 2 Min Read
Top 10 Richest Microfinance Banks In Nigeria By Net Worth In 2025
Microfinance banks (MFBs) are the backbone of financial inclusion in Nigeria. They give loans to small businesses, fund traders in markets, and help everyday Nigerians build wealth with savings and micro-investment products. But which microfinance banks are the biggest and richest in the country?
In this guide, we reveal the top 10 richest microfinance banks in Nigeria by net worth in 2025. From big players in Lagos to expanding digital MFBs, here are the giants powering grassroots finance across Nigeria.
Top 10 Richest Microfinance Banks in Nigeria by Net Worth (2025)
|
Rank |
Microfinance Bank |
Estimated Net Worth (₦) |
Headquarters |
|
1 |
LAPO Microfinance Bank |
₦250 billion+ |
Lagos |
|
2 |
AB Microfinance Bank |
₦180 billion+ |
Lagos |
|
3 |
Accion Microfinance Bank |
₦150 billion+ |
Lagos |
|
4 |
NIRSAL Microfinance Bank |
₦120 billion+ |
Abuja |
|
5 |
Mutual Trust MFB |
₦100 billion+ |
Abuja |
|
6 |
Fina Trust MFB |
₦90 billion+ |
Lagos |
|
7 |
Hasal Microfinance Bank |
₦80 billion+ |
Abuja |
|
8 |
VFD Microfinance Bank |
₦70 billion+ |
Lagos |
|
9 |
Addosser Microfinance Bank |
₦60 billion+ |
Lagos |
|
10 |
BoI Microfinance Bank |
₦50 billion+ |
Lagos |
Why These Banks Lead the Pack
- LAPO Microfinance Bank: Known for its grassroots network, strong rural presence, and consistent loan portfolio growth. It remains the largest MFB by assets in Nigeria.
- AB Microfinance Bank: A favorite among SMEs in Lagos, with flexible business loans and strong customer trust.
- Accion Microfinance Bank: Pioneering digital banking tools among MFBs, helping thousands access loans without paperwork stress.
- NIRSAL Microfinance Bank: Government-backed, playing a major role in agricultural financing and MSME empowerment programs.
FAQs
Q: What is the biggest microfinance bank in Nigeria?
A: LAPO Microfinance Bank leads the sector with the highest asset base and customer reach.
Q: Are microfinance banks safe?
A: Yes, reputable microfinance banks in Nigeria are licensed and regulated by the Central Bank of Nigeria (CBN).
Q: Can I get a loan from any microfinance bank?
A: Most MFBs offer personal, business, and group loans. Requirements differ, so check with your chosen bank.
Conclusion
Microfinance banks play a huge role in lifting millions of Nigerians out of poverty, providing loans, and helping small businesses grow. The top 10 richest MFBs listed above have shown resilience, innovation, and steady expansion — making them the biggest players in Nigeria’s microfinance landscape in 2025.
Thinking of saving or getting a loan from a microfinance bank? Consider these trusted options and always do your research. For more banking guides, keep following our blog!
