Umuchinemere Procredit
Microfinance Bank Nigeria Limited

2022 News Updates:

• Promotions for Fifty-Two Employees of Umuchinemere Bank


• UPMFB Retreat on Rebranding and Repositioning


• Interaction Between UPMFB Directors and Management Staff


• New Chairman Charts the Way Forward for the Bank

2021 News Updates:

• UPMFB gets a New Director and Chairman

2020 News Updates:

• Umuchinemere Pro-credit Micro Finance Bank defies COVID'19 to empower a total of 2,356 active poor people in Enugu State with the sum of ₦518.8m operational capital to finance their micro and small scale enterprises to sustain and improve their well being in the first six months of 2020


• Umuchinemere Pro-credit Micro Finance Bank gives ₦1.2billion to 5,711 in 2019


• Rev. Fr. Aguigwo takes over the Chairmanship of Umuchinemere Pro-Credit Micro Finance Bank Enugu

2019 News Updates:

• Umuchinemere Pro-credit Micro Finance Bank throws behind Federal Government's food sufficiency programme, gives N50m to 209 small scale farmers in Enugu State to boost agriculture, calls for special court/legislation against loan default


• UPMFB begins ATM Banking Operations


• Umuchinemere Pro-credit Micro Finance Bank steps up action against poverty, gives ₦268m to 1,125 active poor people in first qtr of 2019


• Micro Finance Bank Contributes ₦1.1billion to the Growth of Nigeria's Economy in 2018

2018 News Updates:

• Umuchinemere MFB Pays ₦0.05 Div, Assures On New ₦1bn Capital Base


• Umuchinemere Pro-credit Micro Finance Bank (UPMFB) Gives ₦451.1million to 2114 active poor persons in Enugu State


• Umuchinemere Pro-credit Micro Finance Bank Wins CBN Best Bank Award


• Umuchinemere PMFB disbursed ₦409.2m in 1^st Half of 2017


• Recession/Unstable Forex regime: Ekete advocates for Govt's intervention projects for MSMEs


• Benefit from the Umuchinemere Pro-credit Micro Finance Bank /CBN Agricultural Credit Guarantee Scheme Fund, Anchor Borrowers' Programme and FG Govt.'s Enterprise and Empowerment Programme


• Agricultural Credit Guarantee Scheme Fund


• Anchor Borrowers Programme (ABP)


• UPMFB has a new Company Secretary

2017 News Updates:

• Microfinance bank operators decry politicisation of the FG's ₦220 billion MSME development fund, identifying it as a major impedement to achieving the goals of the fund


• Microfinance Institutions bemoan unstable Forex Trend as Huge Obstacle to Micro, Small Business Growth


• War Against Economic Recession: Umuchinemere Pro-Credit Micro Finance Bank Disburses ₦920.2Million In 2016

2016 News Updates:

• Umuchinemere Pro-credit Micro Finance Bank Ltd: A Tool for Customer and Business Growth


• Umuchinemere Procredit Micro Finance Bank Ltd: An Oasis


• UPMFB Director, Rev. Fr. Anthony Igwe, earns triple honours: Obtains 3rd Doctorate degree, rises to senior Lecturer at UNN and appointed into Enugu State Health Advisory C'ttee


• Anieke, Oguanya join UPMFB Board


• "My priority is to provide the staff of Umuchinemere Pro-credit Micro Finance Bank the conducive environment to do their job and perform optimally to make the bank even move higher; and I would not want finance or any worldly thing to dictate my life" – Msgr Anijielo


• Msgr Anthony Anijielo assumes office as new Chairman of Umuchinemere Pro-credit Micro Finance Bank


• New Chairman of Umuchinemere Pro-Credit Micro Finance Bank


• UPMFB records ₦55.3m profit, pays 10kobo Dividend in 2015, opens a new office at Abakpa Nike Timber Market


• Umuchinemere Pro-Credit Micro Finance Bank Empowers 796 Active Poor People with ₦247.72m Micro Credit Funds in the First Half of 2016


• 3,814 active poor people received ₦712.4m micro credit funds from Umuchinemere Microfinance Bank in 2015 in Enugu State


• Umuchinemere Pro-credit Micro Finance Bank at the first Enugu State Investment Summit


• Umuchinemere Pro-credit Micro Finance Bank records increased earnings, pays 16Kobo per share dividend to shareholders

2015 News Updates:

• What Bishop Onaga told Umuchinemere Pro-Credit Micro Finance Bank


• Bishop Onaga cuts the 20^th UP-MFB Anniversary cake


• CBN fetes 3 microfinance banks for helping Enugu rural farmer, traders


• Umuchinemere Pro-credit Micro Finance Bank records 15kobo per share dividend

2014 News Updates:

• Notice of Annual General Meeting of Umuchinemere Pro-Credit Micro Finance Bank (UPMFB) Limited


• Umuchinemere Pro-Credit Micro Finance Bank empowers 1,360 poor people with ₦288.64million micro credit funds in three months


• For homeboy, Monsignor Ike, honour from the diaspora


• Umuchinemere Bank disburses a total of ₦532.3m micro credit funds to 3,590 beneficiaries in the first half of 2014


• Umuchinemere MFB raises its share price


• Umuchinemere Pro-credit Micro Finance Bank (UPMFB) begins CBN’s Cashless Policy, Extends Operations to Abuja


• Umuchinemere Bank posts 11kobo dividend to its shareholders, records 223% rise in earnings per share

2013 News Updates:

• Umuchinemere Pro-Credit Micro Finance Bank Disburses N406m To 1,961 Poor People in 1^st half of 2013


• Continues It's Rural Banking Expansion, Moves to Umumba Ndi Agu


• UPMFB'S Micro Credit beneficiaries advised to use the funds wisely


• Umuchinemere Pro-credit Micro Finance Bank gets CBN praise


• Why you should bank with Umuchinemere PMFB- Prof. Anieke


• Physically challenged persons demand Parliamentarians, Governorship seats, Priesthood


• as UPMFB's former director, Peter Adione-Egom, and staff, Jenifer Ogbonna, also went home to their creator


• Two new personalities join UPMFB Board


• Monsignor Prof. Obiora Ike loses his 101-year old father


• Umuchinemere Pro Credit Micro Finance Bank disburses a total of ₦121.4m to the poor in 1^st quarter of 2013

2012 News Updates:

• Umuchinemere MFB Balance Sheet hits ₦1.8B


• CBN extols Umuchinemere Pro-credit MicroFinance Bank


• Uduatata (Fr. Tony Igwe) clocks 10 years in Priesthood


• Microfinance Operators Seek Govt. Support of MFBs


• Umuchinemere Microfinance bank pays 3kobo dividend per share, records outstanding capital adequacy ratio of 59.19% in 2012


• October 2012 Update

2011 News Updates:

• UP-MFB decries non repayment of loans as major obstacle against Poverty Eradication in the Country


• Umuchinemere Procredit Micro Finance Bank empowers about 300 active poor with Micro Credit Funds


• Troubled Economy: We Only Need the Right Institutions


• Umuchinemere Micro Finance Bank disburses over N42.3 Million to 746 active poor


• UPMFB now at Ugbo Odogwu


• Interview: Microfinance banks can do better than commercial banks – Wale Adeduro


• News extra: For pushing him down, robbery suspect wants his victims prosecuted, demands compensation


• Association of microfinance banks advised on cashless policy


• Umuchinemere Pro-credit Microfinance Bank Adds Three More Branches


• Bank Boss Decries Cashless Policy


• Godfrey Okoye University bolsters up tie with Umuchinemere Bank (donates computers to the bank).


• UPMFB complies with CBN’s Policy on rendering Returns Electronically


• Monsignor Ike clocks 30…, To deliver 2011 Odenigbo Lecture


• Bank Condoles Fr. Aguigwo


• Encomiums as Archbishop Obiefuna go to Rest


• Celebrating Anueyiagu, Veteran Journalist at 50


• Umuchinemere Pro-Credit Micro Finance Bank Gives 2,338 Poorest Of The Poor A Total of ₦194m In 1st Six Months Of 2011.


• Microfinance Bank Boss Decries Cashless Policy as Inimical to MFBs


• UP-MFB disburses over ₦42.3 million lifeline to 746 active poor in Enugu State


• Umuchinemere Microfinance Bank to assist Enugu State Govt. manage its Small/Medium Credit Fund


• Umuchinemere Pro-credit Micro Finance Bank records another milestone


• Umuchinemere Pro-Credit Micro Finance Bank (UPMFB) supports CBN’s new capitalization policy for microfinance banks


• Mgsr. Ike extols Rev. Fr. Inmpeh’s virtues


• Ike speaks on developments in Nigeria's Money Market


• Enugu becomes World Bank headquarters for Agric initiative


• Russian president expressed fear over euro


• UPMFB chairman wins Henrich Pesch price

2010 News Updates:

• Miserable Millionaire gives up all to charity


• World Bank Plans ₦76bn Facility Support for Nigeria


• UPMFB Serving As Instrument Of Economic Evangelization, Goes To Emene


• Chime Returns 655 Schools To The Catholic Church


• German Bank moves to invest in Nigeria’s Microfinance sector, chooses Umuchinemere PMFB Enugu


• UPMFB takes delivery of 300 2^nd batch coal city cabs; The new cabs blessed


• Institutional support imperative for Nigeria’s economic reforms agenda, says Enemark


• UPMFB Rewards Staff


• Umuchinemere Pro-Credit Micro Finance Bank Defies Odds, Decleares 15 Kobo Dividend To Shareholders For 2008


• 2008 Financial Year: UPMFB Posts 15k Dividend


• My Internship in Germany Will Help Improve My Work, Says Ekete


• Celebration of Life at 90

2009 News Updates:

• UP-MFB Scores Another First, manages coal city cabs scheme


• UP-MFB Ltd. targets ₦145m in 2009, plans to network all its branches, commends Enugu State Government


• UP-MFB goes on business mission to ESEC


• UP-MFB Chairman heads Ethics West Africa Survey


• We are fighting poverty - Ike


• Msgr. Prof. Ike turns 53 years old


• Onaga becomes Enugu Bishop


• Managerial Rise


• Appointments


• Africa needs $96B for water, sanitation