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Who We Are

Royal Exchange Microfinance Bank Limited is a wholly owned subsidiary of Royal Exchange Plc, licensed by the Central Bank of Nigeria on October 15, 2009 to provide comprehensive microfinance services to the unbanked and under banked in urban, semi-urban and rural areas of Nigeria. We commenced business on October 19, 2009.

In line with the vision of Royal Exchange Plc to be a one-stop  financial service provider, Royal Exchange Microfinance Bank was set up to provide microfinance services to  improve the  lives of the common people, alleviating poverty and building a better society.
Our focus is on micro. small. medium and retail markets, leveraging on state of the art technology to deliver superior and quality services.

The corporate head office of Royal Exchange Microfinance Bank is located at 34/36 Apapa-Oshodi Expressway, Oshodi. The bank is a unit microfinance bank