The Kwara state Polytechnic Microfinance Bank (MFB) has presented share certificates to shareholders of the bank, reaffirming its commitment to strengthening ownership and encouraging greater participation in the institution’s financial operations.
This is contained in a statement signed by the Public Relations Officer of the insituation, Hajiya Halima Garba, on Sunday, in Ilorin.
The Manager of Kwarapoly MFB, Mr. Ismaila Abdullahi said that the bank has established robust banking operations that goes beyond operating only salary accounts.
Abdullahi explained that the Bank offers a wide range of financial services, designed to meet the evolving needs of staff and customers.
He further said that in line with global digital transformation, prospective customers could conveniently open accounts online without visiting the banking hall.
The Manager appealed to the Polytechnic Management to increase its shareholding in the bank, in line with regulatory expectations, while also soliciting greater patronage from members of staff.
He stressed that increased investment and active participation by the Polytechnic community would further strengthen the bank’s capacity to provide quality financial services.
Kwarapoly Rector, Engr. Abdul Jimoh commended the management of the Microfinance Bank, noting that the vision behind establishing the bank was gradually being realized.
Jimoh assured the Manager of Kwarapoly MFB that the Polytechnic would increase its shareholding in accordance with the directive of the Central Bank of Nigeria (CBN).
The Rector called on members of staff and stakeholders to support the growth and sustainability of the bank through continuous patronage, emphasizing that the Bank belongs to the Polytechnic community.











