Oakland Microfinance Bank is a registered Limited Liability Company with Corporate Affairs Corporation (CAC) registration Number 220665 fully licensed and operational as a microfinance operator in Nigeria. Established in 1995 as Oka community Bank, it successfully metamorphosed into microfinance bank in 2007. The bank is under the approval and regulation of the Central Bank of Nigeria (CBN). The Nigeria Deposit Insurance Corporation (NDIC) comprehensively insures its deposits. The bank authorized Share Capital is N40m (Forty million naira). The fully paid – up Capital is N25m (Twenty five million naira). The bank is adequately capitalized as stipulated in the CBN regulatory guidelines.
We at Oakland Microfinance Bank operate on a robust platform based on good corporate governance, experienced management team and technical partners, vast product and services, continuous innovation and product development, global best practices and international financial reporting standards. Our management team comprises of seasoned and distinguished professionals from diverse backgrounds complemented by the expertise of our technical partners. By endeavouring to introduce class leading products and services, global blest practices, ethical precepts and the highest standards of rectitude in the conduct of business, we remain respectful of the needs of the economically active poor in our society.