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BrandiQ > Blog > Business & Economy > Regent MFB Crosses N10bn MSME Lending Milestone
Business & Economy

Regent MFB Crosses N10bn MSME Lending Milestone

Joshua
Last updated: February 19, 2026 10:43 am
Joshua
3 months ago
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3 Min Read
REGENT MFB
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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.

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.”

Highlighting the practical impact of accessible financing, Elijah Oladosu, Chief Marketing Officer, added, “Financing should not be a hurdle for promising businesses. With access to the right loan, growth becomes possible, and success becomes scalable.”

According to Nigeria’s Small and Medium Enterprises Development Agency and the National Bureau of Statistics, MSMEs contribute roughly 46–50 per cent of Nigeria’s GDP and account for a large majority of business activity and employment in the country. However, limited access to credit continues to constrain their growth potential.

Regent MFB said that its lending strategy is a direct response to this challenge, simplifying access, removing bottlenecks, and creating tailored financing solutions that address real-world business needs.

“By reaching the N10bn mark in disbursements, the bank reinforces its role as a catalyst for productivity, resilience, and inclusive wealth creation. Reaching the N10bn disbursement mark reaffirms the bank’s role as a driver of productivity, resilience, and inclusive economic advancement. Regent MFB’s approach goes beyond traditional lending by integrating financial advisory support, flexible repayment options, and long-term partnership models that enable entrepreneurs not just to survive, but to thrive.

“At a time when Nigeria faces ongoing economic pressures, the need for reliable and impactful financial partners has never been more critical. Regent MFB continues to demonstrate the transformative power of responsible lending and strategic business support in shaping a more vibrant, empowered SME landscape,” concluded the statement.

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