About Prudent MFB
You can count on us! Prudent Microfinance Bank (Nig) LTD is a microfinance bank providing grassroots-focused financial services to the public. Incorporated on May 11th, 2022, and licensed by the Central Bank of Nigeria (CBN), we operate from Kuje, Abuja–FCT with a customer-centric mindset, offering accessible, innovative banking to SMEs, traders, farmers, civil servants, and households.
The backbone of Prudent MfB's service is the development and implementation of tailored and innovative financial products and services. To cater to our customers in today’s borderless banking system, Prudent MfB has a strategic alliance with reputable conventional banks to enable customers to carry out different transactions from various locations. Our core values, business philosophy, and methodology distinguish us as one of the most promising microfinance banks in Nigeria.
As a growing institution, we have empowered customers with life-changing loans tailored for individuals and businesses. We offer a broad range of financial services to micro, small, and medium-sized enterprises (MSMEs) and lower-income clients. Our competitive interest rates and dedicated service place us ahead in the industry.
Prudent MfB was founded on unwavering integrity, aspiration, and a passion for excellence. Backed by a solid board of directors, a consulting partner, and a skilled team, we are building long-lasting relationships with our customers and communities, enabling businesses to thrive and improving everyday lives.
Our Vision
To become the foremost grassroots microfinance Bank in our market by providing varied financial services within the acceptable banking practices for the benefit of all stakeholders.
Our Mission
To provide efficient financial services to the financially excluded and become a leader in sustainable microfinance banking services for SMEs — delivering returns to shareholders through skilled staff and smart technology.
Our Core Values
⸎ Professionalism. ⸎ Reliability. ⸎ Integrity. ⸎ Customer Focus. ⸎ Excellence.
Meet Our MD/CEO
Sir Francis Shinku Akie KSM
Sir Francis Shinku Akie KSM, a distinguished, reputable, honest, and outstanding financial expert with over two decades of banking experience and skills in banking operation, management, and administration. Sir Francis is an accounting graduate and a holder of a Master's degree in Banking and Finance from Kano State Polytechnic and Bayero University Kano respectively. He is a member of several professional bodies including the Financial Reporting Council of Nigeria (FRC), Chartered Institute of Treasury Management in Nigeria (CITM), Institute of Chartered Economists of Nigeria (ICEN), and a Certified Microfinance Banker of the Chartered Institute of Bankers of Nigeria (CIBN) where he qualified with distinction in Risk Management.
A former Manager at Intercontinental Bank Plc Kura Branch Kano and Access Bank Plc AKTH Branch Kano, he also served as the MD/CEO of Bam Microfinance Bank Plc Abuja-FCT. He was elected Financial Secretary of NAMB FCT Chapter from July 2020 to July 2022 and currently serves as Vice Chairman of NAMB FCT Chapter since July 2022.
An administrator and visionary team player par excellence, his vast experience is demonstrated in the various roles he has held in both Money Deposit Banks and the Microfinance Banking subsector. He is a renowned top-notch Catholic and the Coordinator of the Knights of St. Mulumba Nigeria, Kuje Area Council Abuja. He is happily married with children.
10+
Years of Experience
25,000+
Customers Empowered
15+
Branches Nationwide