When Pecantrust Microfinance Bank (MFB) opened its doors a decade ago, its mission was simple yet ambitious—to provide prompt, flexible and accessible financial solutions to individuals, small businesses and entrepreneurs often excluded from mainstream banking services.
Ten years later, that vision has grown into a thriving institution that has impacted thousands of lives, supported businesses and strengthened communities across Nigeria. On Saturday, July 4, 2026, the bank will mark this significant milestone with a grand anniversary gala at the Grand Ballroom of Eko Hotel & Suites, Victoria Island, Lagos.
The celebration is more than a social gathering. It is a reflection on a decade of resilience, innovation and an unwavering commitment to financial inclusion. The event is expected to attract captains of industry, government officials, business leaders, customers, partners and other stakeholders who have been part of the bank’s remarkable journey.
Looking back on the bank’s evolution, Senior Manager and Spokesperson, Mr. Kunle Karounwi, said Pecantrust MFB was founded to address a critical gap in the financial sector.
“When we started, the core mandate was clear. Too many individuals, SMEs and growing businesses struggled to access prompt and flexible financial solutions. We set out to bridge that gap,” he said.
That purpose, according to him, has remained the driving force behind the bank’s growth and its aspiration to become Africa’s leading poverty alleviation-focused financial institution.
Over the years, Pecantrust MFB has expanded beyond traditional microfinance services to become a fintech-driven institution offering innovative financial products tailored to the needs of Nigerians. Today, the bank serves more than 100,000 customers through solutions such as PecanPlus Micro Health Insurance, financial literacy programmes and customised SME loan packages.
For Karounwi, the bank’s success has not come without challenges. Economic uncertainties, changing regulations and the evolving financial landscape have tested the institution, but each obstacle has strengthened its resolve to build a more resilient and sustainable organisation.
“Over the past decade, we’ve evolved into a resilient institution committed to empowering businesses, supporting economic development and creating lasting value. Celebrating 10 years isn’t just about longevity. It represents a decade of delivering impact and earning the trust of thousands,” he said.
The institution’s growth is evident not only in its expanding customer base but also in its people and financial strength. From a modest beginning, Pecantrust MFB now boasts a workforce of more than 30 skilled professionals dedicated to delivering exceptional customer service.
Its financial position has also improved considerably through prudent financial management, shareholder commitment, retained earnings and strategic reinvestment, enabling the bank to support larger transactions while maintaining regulatory compliance.
As the bank celebrates its first decade, its leadership believes the milestone represents not the destination but the beginning of a new chapter. With technology, innovation and customer-focused solutions shaping its future, Pecantrust MFB remains committed to deepening financial inclusion, supporting entrepreneurship and contributing to Nigeria’s economic development.
The anniversary gala will provide an opportunity to celebrate the institution’s achievements, honour its loyal customers and partners, and reaffirm its commitment to creating lasting value in the years ahead.
For Pecantrust MFB, the past 10 years have been defined by trust, resilience and growth. The next decade promises an even greater opportunity to expand its impact and continue empowering individuals, businesses and communities across Nigeria.
