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About Us
DESMONARCHY MICROFINANCE BANK LIMITED was incorporated in August 2008 to carry on the business of providing Microfinance as well as other Banking and Financial services in Nigeria. The bank was formerly registered as MONARCHY MICROFINANCE BANK LIMITED before a change of name was effected in 2009.

The bank's head office was relocated from No. 633, Lagos-Abeokuta Expressway, Abule Taylor, Lagos to the YCT COOP BUILDING, FOOD VILLAGE, YABA COLLEGE OF TECHNOLOGY, YABA, LAGOS in March 2011. A customer meeting point is still maintained at the former head office to cater for our teaming customers from that axis.

DESMONARCHY MICROFINANCE BANK LIMITED has been repositioned, in line with the regulators' guidelines, to provide modern banking services, at competitive costs, in a cosy and secured environment, delivered by a highly competent team.

The bank has a customer base of over four thousand, who subscribe for different categories of accounts and special products. The bank's services are also enhanced by its robust on-line-real-time software package (PARTNER) which makes our services even more efficient and customer friendly. The bank has also deployed a very user friendly money transfer software application to power it's wikicash local money transfer service.
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The Bank's Products
DESMONARCHY MICROFINANCE BANK LIMITED parades an array of modern, unique and attractive products that enable our customers choose which banking product(s) best suits their business needs. Our aim is to financially empower people and proffer solutions to all forms of financial needs without stress. Accordingly, we have developed a range of products and services for the

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DMFB GREAT FUTURE ACCOUNT
ASSET FINANCE (EASY LIFE)
Due diligence exercise
Debt recovery/receivable management
Business restructuring/management buy-outs
Human resources capacity building/training services
Small business incubation/SMEs
Project funding/management (viz: offshore finances)
Preparation of business plans, expression of interest (EOI), etc
Forensic Accounting/Investigation Services
Financial and Management Consultancy
DMFB UNIVERSAL SAVINGS
LPO FINANCING
DMFB BACK TO SCHOOL MADE EASY ACCOUNT
REVOLVING PERSONAL
DESMONARCHY AUTO LOANS
DMFB TREASURE BOOST
TRADING AND WORKING CAPITAL
DMFB EVERYDAY CONTRIBUTION ACCOUNT (THRIFT)
AGRO ALLIED LOANS
DMFB CURRENT ACCOUNT
DESMONARCHY PAY DAY LOAN
DESMONARCHY MICROFINANCE BANK LTD
YCT COOPERATIVE CONSUMER SHOP, Food Village, Yaba College of Technology, Yaba, Lagos. NIGERIA.