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The Nigerian Correctionals Microfinance Bank is being sponsored by the management of Nigerian Correctionals Service (NPS) ably headed by the then Controller General, Mr. Olusola Ogundipe. His tenure saw NPS metamorphosed from the enclave into a pragmatic and dynamic organization. The task to establish the bank has been squarely placed within the ambit of the NPS Multipurpose Cooperative Society (PRISCO), which has its existence dated back to 1988.
Inauguration of our Bank.
PRISCO has been in the forefront of providing welfare schemes for the entire members of NPS staff since its inception. However, it has become obvious that its limited resources could no longer cope with the dynamic needs of the large staff strength of NPS, hence the need to seek for a window that provides larger access to financial resources such as microfinance bank.
- To facilitate and support entrepreneurship
To initiate programs and activities that encourages savings
- To drive financial services through modern technology
- To attract customers through best practices
- To add value to the communities served
- To generate sufficient returns to the Shareholders
Honesty
- Accountability
- Responsiveness
- Professionalism
- Empathy
- Loyalty