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Bridgeway Microfinance Bank Launches in Ikoyi, Lagos

BRIDGEWAY Microfinance Bank, set on a mission to bridge financial gaps in small and medium enterprises and create economic empowerment for individuals, was launched on the 29th of August 2016 in the heart of Ikoyi, Lagos.

At the event, the Bank revealed products targeted at giving her clients the best banking experience at individual and corporate levels. Some of these products include the Esusu Club, Target Savings, Build Biz and Kolo/Piggy bank accounts.

Avid savers can benefit by joining the Esusu (or Ajor) Club product in which contributions are made in groups on a daily, weekly or monthly plan that results in high-interest rates. The Target Savings account offers individuals or cooperatives a viable platform whereby they can save with a project in mind and have access to loans. Business owners can take advantage of the Build Biz current account package with flexible balance options, interest rates and access to business loans to build their businesses. There’s also the child-operated-parent-supervised Kolo/Piggy account where parents can save for the tuition of their kids, access loans for the child’s development and education a ten-year savings platform after which the child is entitled to free life insurance!

Under the leadership of Mrs. Obiageli Ibennah the Managing Director who has over twenty years of banking experience and Mr. Michael Okonkwo the Chairman, with over forty years of experience in the banking sector, Bridgeway Microfinance Bank is poised for success. It is a matter of months before Bridgeway MFB, which has opened its first office at 49 Lafiaji Way, Dolphin Estate, Ikoyi is seen spreading across the nation.

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