LAPO MfB gets A- Credit Rating

LAPO Microfinance Bank, Nigeria’s premium Microfinance brand gets A- Credit Rating by Agusto & Co., a  Pan-African credit rating agency.

This well-deserved rating attests to LAPO Microfinance Bank’s strong capitalization, excellent asset quality, experienced management team, quality governance, and good market positioning. 

Dr. Godwin Ehigiamusoe, Managing Director of LAPO Microfinance Bank said, “the  A- rating will inspire key stakeholders in the Microfinance Bank to stay committed to our over-arching  goal of improving lives with a wide range  of responsive financial  products and services.” 

LAPO Microfinance Bank, a market leader in the Nigerian Microfinance industry, has consistently expanded the frontiers of finance to reach low-income persons and owners of micro, small and medium enterprises across Nigeria. Its innovative products and services span across credit support for agriculture, affordable housing, clean energy and SME lending.