Our Banking Services.
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As a Microfinance bank set up to bring specialized banking services to the micro, small, medium enterprises, Maxitrust MFB  Ltd has
the following as its focus:

•  Acceptance of various types of deposits, including savings, time, target and demand    deposits from individuals, group and associations.

•  Provision of credit to its customers, including formal and informal self-help groups,     individuals, micro, small and medium scale enterprises and associations.

•  Promotion and monitoring of loan usage among its customers by providing ancillary    capacity building in such areas as record keeping and small business management.

•  Issuance of redeemable debentures to interested parties to raise funds from members
   of the public, with the approval of the CBN.

• Collection of money or proceeds of banking instruments on behalf of its customers.

•  Provision of payment services, such as salaries, gratuities, and pensions for the
   various tiers of government.

•  Provision of loan disbursement services/monitoring for the delivery of the credit
   programmes of governments, agencies, groups and individuals for poverty alleviation
   on a non-recourse basis.

•  Provision of ancillary banking services to their customers, such as domestic
   remittance of funds and safe custody.

•  Operation of micro leasing facilities, microfinance related hire-purchase, and
   arrangement of consortium lending and supervision of credit schemes to
   ensure access of microfinance customers to inputs for their economic activities.

•  Receiving of re-financing or other funds from the CBN and other sources, private or
    public, on terms mutually acceptable to both parties.

•  Provision of microfinance related guarantees for Maxitrust MFB Ltd customers to
   enable them have greater access to credit and other resources. ....more