History Of Summit Microfinance Bank Limited Ibadan Oyo State

History of
Summit Microfinance Bank Limited

SummitMFBank commenced operation as Irepo Community Bank Nigeria Ltd., on 1st September, 2000 which was converted from Community Bank to Microfinance Bank in 2008. In May 2007, Irepo Community Bank (Nig.) Ltd converted to Pacesetters Microfinance Bank (Nig.) Ltd after meeting up the central bank of Nigeria’s conversion requirements while the bank’s final license was approved by the Apex Bank in July, 2008.

Presently, Summit Microfinance Bank Limited is one of the leading Microfinance Banks in Oyo State. The Bank’s balance sheet as at present is well over N100m while the Bank is presently having more than 15 staff members.

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