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The Development Bank of Nigeria is currently giving loans to start-up entrepreneurs and existing business owners to foster the sale of their business ventures and sustainable economic development.
The DBN loan is aimed towards entrepreneurs who have creative and innovative mindsets and those whose businesses are providing solutions and jobs to society. If you currently have a business plan or already own a business within Nigeria, you can apply for the DBN loan application 2022.
All MSMEs (start-up or existing) involved in productive enterprises are eligible for the loan. However, they must be customers of eligible financial institutions.
| SEE ALSO: Quick Way to Apply for IPPIS loan in Nigeria 2022 |
DBN is poised to provide funding and risk-sharing guarantees through Participating Financial Institutions (PFIs), who will then on-lend to end beneficiaries.
DBN loans can be accessed through PFIs, which include Commercial Banks, Microfinance Banks, Development Finance Institutions (DFIs), and other Financial Institutions.
DBN loan repayment tenure is flexible (up to 10 years with a moratorium period of up to 18 months) and the interest rates are on a market-conforming and fully financially sustainable basis.
How to get a DBN Loan 2022
- Visit your bank: Commercial Bank, Microfinance Bank, Development Finance Institution (DFI) and other Financial Institutions and indicate you want to apply for a DBN Loan.
- The Bank appraises the business and loan purpose, and if its assessment is favourable, the Bank applies to DBN for funding.
- If DBN approves the loan, DBN will disburse to the Bank for on-lending to end borrowers.
| SEE ALSO: Households and Businesses to expect more loans in 2022- CBN |
You can access the DBN loan 2022 through any of these PFIs by contacting any of the banks listed below:
| Access Bank Plc | Onyinyechi.Uba@ACCESSBANKPLC.com, CorporateFinance@ACCESSBANKPLC.com, Oreoluwa.Adeyemo@ACCESSBANKPLC.com, Omotolani.Ketiku@ACCESSBANKPLC.com, Moses.Osondu@ACCESSBANKPLC.com |
| Ecobank Nigeria Bank Plc | Ebere Onyenweaku – eonyenweaku@ecobank.com, TOLARINDE@ecobank.com |
| Fidelity Bank Plc | Osaigbovo Omorogbe – osaigbovo.omorogbe@fidelitybank.ng, Jennifer.David-Ake@fidelitybank.ng, Chiwuike.Okere@fidelitybank.ng To get a loan, Click Here |
| FCMB Ltd | Oluremi Agboola – Oluremi.Agboola@fcmb.com, George.Ogbonnaya@fcmb.com, Toyin.Ajibulu@fcmb.com To get a loan, Click Here |
| First Bank Nig Ltd | DBNFUNDS@FIRSTBANKNIGERIA.COM |
| GTBank | lucia.jaiyeola@gtbank.com, kelvin.biiranee@gtbank.com To get a loan, Click Here |
| Providus Bank | Enyinnaya Akagha – eakagha@providusbank.com |
| Stanbic IBTC Bank Plc | Umeasala, Damian – Damian.Umeasala@stanbicibtc.com, Ojosipe, Ayodele – Ayodele.Ojosipe@stanbicibtc.com To get a loan, Click Here |
| Sterling Bank Plc | businessbanking@sterling.ng |
| Union Bank of Nig Plc | aoordia@unionbankng.com, aebassey@unionbankng.com, SMEProduct@unionbankng.com To get a loan, Click Here |
| Wema Bank Plc | Ololade.Adekunle@wemabank.com, Arthur.Nkemeh@wemabank.com To get a loan, Click Here |
| AB Microfinance Bank Nigeria Ltd | Oladapo.Ikupolati@ab-mfbnigeria.com, Olukorede.Ekundebe@ab-mfbnigeria.com |
| Accion Microfinance Bank Limited | Ndubuisi Onuoha – nonuoha@accionmfb.com, Adetokunbo Elliot – aelliot@accionmfb.com, Emeka Uzowulu – euzowulu@accionmfb.com, uchukwu@accionmfb.com |
| Addosser Microfinance Bank | Olusola Howells – howells.olusola@addosser.com, deji.sobulo@addosser.com, oluwaseun.adekanbi@addosser.com |
| Astra Polaris MFB | Onifade Abimbola – abimbola.onifade@astrapolaris.com, info@astrapolaris.com, |
| Baobab Microfinance Bank | Achenyo Oyibo – aoyibo@baobab.bz, cgwehi@baobab.bz |
| Bosak Microfinance Bank | Toyin Peters – toyinpeters@bosakmfb.com, teepeeters@gmail.com, FrancisAtiri@bosakmfb.com To get a loan, Click Here |
| Davodani Microfinance Bank | johne.ologe@davodanimfb.com, aayotomi@davodanimfb.com, ayodejitomi@yahoo.com, soyebisi@davodanimfb.com, ufelix@davodanimfb.com |
| FSDH Merchant Bank | Ayodele Akinwunmi – aakinwunmi@fsdhgroup.com |
| HASAL Microfinance Bank | bukola.afariogun@hasalmfb.com, njoel-ezeugo@hasalmfb.com To get a loan, Click Here |
| Infinity Microfinance Bank Ltd | Oludotun Adewunmi – g.adewunmi@infinitymfb.com, oludotunadewunmi@yahoo.com, s.ogunniyi@infinitymfb.com |
| Infinity Trust Mortgage Bank | Abiodun Akanbi – abiodun.akanbi@itmbplc.com |
| Jubilee Life Mortgage | Kushiro Roli – rolikushimo@jubileelifeng.com |
| La Fayette Microfinance Bank Limited | eodetayo@advans-lfmfb.com |
| LAPO Microfinance Bank Ltd | Efosa Aigbe – efosa.aigbe@lapo-nigeria.org, hope.ogbe@lapo-nigeria.org |
| Mainstreet Microfinance Bank Ltd | Adegoke E. Adegbami – aadegbami@mainstreetmfb.com, midris@mainstreetmfb.com, midris@mainstreetbankmfb.com |
| Microvis Microfinance Bank | oolaiya@microvismfbank.com, oaustin@microvismfbank.com, eokpanachi@microvismfbank.com |
| NPF Microfinance Bank Plc | Rotimi Dada – rotoyin1159@gmail.com, rdada@npfmicrofinancebank.com, cwosu@npfmicrofinancebank.com, chima_wosu@yahoo.com |
| Parallex Microfinance Bank | abimbola.akande@parallexbank.com, femi.otenigbagbe@parallexbank.com |
| Regent Microfinance Bank | fatima.rufai@regentmfb.com |
| Seedvest Microfinance Bank | Kehinde Oyeleke – kehinde.oyeleke@seedvestgroup.com, oyelek@yahoo.com, omololaakinjoko1@gmail.com, jannybee1@live.com |
| Stanford Microfinance Bank | Vincent Aluu – nellyvingroup@gmail.com |
| Trust Microfinance Bank | trustmfb@yahoo.com, debanjajayi@gmail.com, Sodiyasamusideen@yahoo.com |
Note: The DBN Loan is only for Start-up and existing MSMEs Businesses.
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DISCLAIMER: Do not pay or release sensitive financial details to any organizer/recruiter unless futher verified from your end.
