Regent MFB crosses N10bn MSME lending milestone

Regent Microfinance Bank has distributed over N10bn in cumulative loan disbursements to Micro, Small, and Medium Enterprises across the country.

Disclosing this in a statement on Monday, the MfB said that the milestone reflected its commitment to close Nigeria’s persistent credit gap, empower entrepreneurs, and accelerate sustainable economic growth.

The PUNCH reports that Regent Microfinance Bank is a financial institution dedicated to promoting inclusive and accessible financial services for individuals and businesses. The lender revealed that its diverse loan portfolio included loans to fast-moving consumer goods businesses, SME loans, asset financing, micro-business support and more.

Speaking on the achievement, Managing Director of RegentMFB, Dr Idris Olugbesan, said the milestone reflects the bank’s commitment to long-term economic impact.

He said, “Surpassing N10bn in loan disbursements reflects our conviction in SMEs as drivers of structural economic growth. Looking toward 2026, we aim to broaden financial inclusion, ease liquidity constraints for entrepreneurs, and allocate capital prudently to sustain community-level development and long-term, economy-wide impact.”

On the milestone, Chief Marketing Officer of RegentMFB, Chibuzor Uba, said, “At RegentMFB, we don’t just bank; we partner. We’ve been privileged to fuel the growth of countless businesses, empowering them to achieve their dreams and contribute to Nigeria’s economic prosperity. As we continue to innovate and expand our services, we’re committed to being the catalyst for success, driving progress and prosperity for all our stakeholders.”