Standford MF Bank begins operations in Uyo, July 1 * To Offer Topnotch Services

Akwa Ibom people  especially those  looking for capital to startup businesses of their own, will soon heave a sigh of relief with the arrival of a brand-new financial institution known as STANFORD MICRO FINANCE BANK LIMITED. 

The financial house which is located at 142 Abak Road, opposite APICO House, Uyo, will be officially inaugurated for full operations, Wednesday, 1st July this year. 

Exchanging views with newsmen in Uyo, the State capital, the Chairman, Stanford MF Bank, Mr Unyime Idem, said “the driving force behind the establishment of this ‘new born baby’ is to help cut down the level of poverty in the State”

Hear him: “There is no doubt that poverty has engulfed our land, and in view of that, our essence of coming into this business is to make our people become self reliant so that poverty can be eradicated.
“We want to empower the lives of our clients. Apart from that, we are poised to provide employment opportunities to the Nigerian youths but we have to start here in Akwa Ibom. We will also provide credit facilities to our customers, especially owners of small and medium scale enterprises as well as low income earners”, he said. 

Continuing, Mr Idem, who is also the MD/CEO, Idems Ultimate Limited, observed that Stanford will be managed by top-notch hands who have years of experience in the financial sector, hinting that the vision of Stanford is to become a world class banking institution that will empower and satisfy the needs of their clients and customers 

Mr Idem who stressed that the goal of Stanford microfinance is to alleviate poverty, noted that the bank will focus on helping their clients build successful enterprises, rather than on making more and bigger loans.
Stanford MFB, will begin its operations in July with a range of products and services that are structured to meet the peculiar needs of its target customers and clients. 

Some exceptional banking solution from Standford include: provision of agriculture loan and small business loan. Others are: Stanford Empowerment loan scheme, Standford Happy Home, Stanford over draft as well as Stanford salary advance, amongst others. 

The bank is also equipped with 21st century Technology to make sure life is better for customers. Some of the ways to bank with Standford include: ATM, Bureau De Change, their branches, contact centres, electronic banking as well as foreign transfer. 

However, with the establishment of Stanford Microfinance Bank Limited, it is the believe of its management that the financial house will be one of the most powerful new solution to poverty and to the sorrows, anguish, famine as well as suffering that poverty ignites.

Meanwhile, with these fabulous products and services promised by STANFORD MFB, its clients and customers desire the financial house and its management to find out and tackle obstacles and challenges which always lead to the closure of microfinance banks in the Country as well as some that are still on the verge of collapsing.