LiquidCrest Microfin Bank Celebrates 30 Years of Service

LiquidCrest Microfin Bank, previously known as Owotutu Microfin Bank, has marked its 30th anniversary of providing financial services to Nigerian individuals, traders, and small businesses. The bank, licensed by the Central Bank of Nigeria, was established to meet the financial needs of underserved communities by offering access to credit and savings solutions.

Ayobami Alabi, the Managing Director of LiquidCrest Microfin Bank, emphasized the institution's commitment to evolving and improving service delivery. The bank's mission focuses on financial inclusion, particularly for micro, small, and medium enterprises (MSMEs), which remain underserved by conventional banking institutions.

LiquidCrest offers flexible loan products ranging from ₦50,000 to ₦2,000,000 for individuals and up to ₦10,000,000 for corporate borrowers, with repayment terms designed to address the working capital gap that constrains small business growth in Nigeria. Eyitayo Raufu, Head of Sales at LiquidCrest, noted the importance of providing the right financial support at the right time to help businesses scale.