Regent Microfinance Bank has announced that it has disbursed more than N10 billion in cumulative loans to Micro, Small and Medium Enterprises across Nigeria, reinforcing its role in expanding access to finance for entrepreneurs and supporting sustainable economic growth.
The bank said the milestone was achieved through a diverse loan portfolio covering FMCG business financing, SME loans, asset financing and micro-business support. According to the lender, the funding has enabled thousands of entrepreneurs to strengthen operations, improve productivity and scale their businesses in an increasingly competitive economic environment.
Speaking on the achievement, the managing director of Regent MFB, Dr Idris Olugbesan, said surpassing the N10 billion mark reflects the bank’s long-term commitment to SMEs as critical drivers of structural economic growth. He noted that the institution’s focus goes beyond short-term lending to building lasting economic impact at the community level.
“Surpassing N10 billion in loan disbursements reflects our conviction in SMEs as drivers of structural economic growth,” he said. “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.”
Olugbesan added that the bank prioritises partnerships alongside financing, positioning itself as a growth partner rather than just a lender to small businesses.
Also speaking on the milestone, the bank’s chief marketing officer, Chibuzor Uba, said Regent MFB’s approach is centred on empowering businesses to achieve their potential while contributing to Nigeria’s broader economic prosperity. He said the institution remains committed to innovation and service expansion to better support entrepreneurs across sectors.
“At Regent MFB, we don’t just bank, we partner,” Uba said. “We have 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 are committed to being a catalyst for success for all our stakeholders.”
Another senior marketing executive at the bank, Elijah Oladosu, highlighted the importance of accessible financing in unlocking business growth, noting that lack of credit remains a major barrier for many promising enterprises.
“Financing should not be a hurdle for promising businesses,” he said. “With access to the right loan, growth becomes possible and success becomes scalable.”
According to data from the Small and Medium Enterprises Development Agency of Nigeria and the National Bureau of Statistics, MSMEs contribute an estimated 46 to 50 per cent of Nigeria’s gross domestic product and account for the bulk of business activity and employment nationwide. Despite their importance, limited access to affordable credit continues to constrain their growth, making interventions by microfinance institutions increasingly critical to the survival and expansion of small businesses.
