A b o u t - U s

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Our Vision

To be the leading microfinance bank in Nigeria and the industry reference.


Our Mission

To develop and deliver an array of acceptable products that will suit small and medium scale enterprenuer; moving them up to the economic ladder and also delight all our stake holders by rendering effective, efficient and tailor-made service.

• Our Core Values: Rendering Quality & Excellent services, Integrity, Trust, Fair Dealing & Team work/spirit
• Strategic Objectives:
  1. To bring banking and other financial services to the unbank, poor and middle class Nigerians.
  2. To increase the velocity of money via our intermediating role, thus contributing towards the achievement of MDG vis a vis NEEDS / SEEDS in any environment we operate from Creation of wealth (Commercial returns) for the respective stakeholders.
  3. To spread our tentacles across the length and breath of Nigeria through various expansion strategies eg Acquisition, branching out, or a combination.
  4. To establish other subsidiaries (financial) that will enhance our operations productivity.
• Facts about Microfinance:
  1. The market is huge and fast growing- there is the unmet huge gap(on both assets savings side).
  2. NGO-MFI have not been successful, this led to the introduction regulated private commercial MFBs.
  3. MFB will ensure integration of financial service for the poor.
  4. Funding structure is mainly from Equity and savings.
  5. Largest source of risk is from the loan portfolio.
  6. Cheap deposits are from large small savers which will be mobilizes for the creation of credits with very high returns. (intermediating role/ money creation and increase in the velocity of money for economic growth & development).
  7. Though a new terrain in the finance industry, private banking sector is expected to drive the industry in a professional sense by bringing technical and managerial expertise cum capital.
  8. There is also the need to bench mark the performance of MFBs to international industry standards, while that of the local is evolving.
  9. This also explains why Broadview will be the industry reference as we will strive to involve and adapt best industry practices in Nigeria.
• Market Size:
  1. Nigeria’s populations is estimated at about 140m people( Census)
  2. 65% of the population does not enjoy any form banking or financial services(91 million people
  3. If 91m people save N2,000 in a month, savings per month will be about an average of N182b
  4. Relating this to Lagos state the immediate base of our MFB, Lagos state population figure is estimated at about N15 million
  5. 65% of the population will be about 9.75m people, with a resultant savings of about N19.5b.
  6. From the above analysis, the unbanked market potential is huge waiting to be tapped right across the nation.
• Our Major Customers:
  1. Sura Market Association
  2. Lagos Island Tricycle Association
  3. Sandgrose Market Association
  4. Lagos Island Hair Association
  5. Lagos Island Barbers Association