Who We Are
DDMFB is a wholly owned indigenous Microfinance Bank. It is a state licensed MFB which commenced operations in January, 2015. Our management team is composed of seasoned and distinguished professionals from diverse backgrounds. The bank is governed by a board of renowned and well experienced professionals with varied experience in the business world. At DDMFB, our core values of integrity, high ethical standards, reliability and excellence distinguishes us as an exceptional player and a leading MFB in Nigeria.
To be an exceptional leader in the provision of micro finance and other financial services on a sustainable basis to assist our clients achieve financial freedom.
An MFB founded on trust, integrity and customer focus, aimed at empowering micro entrepreneurs, small and medium businesses through unhindered access to finance.
OUR CORE VALUES
To uphold high standard of Ethics and integrity, With reliability to all stakeholders. We strive for Excellence at all times.
Ownership and capital base
Davo Dani MFB is a wholly indigenous company led by Austine Enajemo Isire as Chairman. He is an accomplished corporate executive, who was the Managing Director / Chief Executive Officer of Standard Alliance Life Assurance Ltd. He is also the Chairman of Davo Dani International (NIG) Ltd, an Oil and Gas Marketing and Distribution Company involved in the supply of Petroleum Products.
DavoDani Microfinance Bank has assembled a group of formidable and tested professionals with excellent track records in the industry and has gone through some transformation processes which have positively impacted every area of its Operations and Culture thus its financial performance and growth has been positive.
Assets & Shareholders fund
DavoDani MFB Authorized Share Capital was increased to N1billion in September 2019 from N150 Million with a fully paid up Capital of N203million. As a result of growth and expansion, the bank is in the process of increasing its Paid Up Capital to N500million by March 2020.