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Fortis Microfinance Bank PLC
Plot 2135
Herbert Macaulay Way,, Wuse Zone 5
Phone: +234 99044310p:+234 99044310 Abuja, Nigeria
On 2/5/2019, The Nigeria Deposit Insurance Corporation (NDIC) announced the Liquidation of Fortis Microfinance Bank PLC and its branches. The NDIC is the Official Liquidator for the Bank.
This company is no longer actively traded on any major stock exchange.
Business Summary
Fortis Microfinance Bank Plc is a Nigerian-based financial institution. The Company is engaged in providing flexible banking solutions to support the development of entrepreneurship and empowerment of the economically disadvantaged micro, small and medium scale enterprises (MSME) and individual. Its products include Fortis Executive Savings Account (FESA), Fortis Active Savers Account (FASA) Fortis Young Stars Account (FYSA), Fortis Business Xtra Account, Fortis High Yield Deposit Account, Fortis Microcredit, Fortis Empowerment Account, Fortis Cooperative Movement Account, Fortis Inventory Finance, Fortis Food Products, and Mama Save Account. The Company serves various industries, including importers, manufacturers, distributors, oil and gas support service companies, professional services, hospitality, educational institutions, construction companies, and printing, publishing, advertising and media sectors.
(Source: Company's Website)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
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Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/201712/31/2016Yes----

Industries
SIC Code Description
6029 Commercial banks, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman FelixAchibiri
Managing Director/Chief Executive Officer TikoOkoye 2/1/2016 2/1/2016
Co-Founder, Non-Executive Director DejiFisho
8 additional Officers and Directors records available in full report.

General Information
Outstanding Shares: 4,573,515,336 (As of 9/30/2017)
Stock Exchange: NIG


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Friday, July 21, 2023