Akalabo Microfinance Bank (CAC RC 169581) was incorporated in 7th August, 1991. The Bank commenced operation in 11th November 1992. In 4th September 2007. The bank was converted to a Microfinance Bank.

The following Promoters of the Bank were very instrumentor to the Bank foundation: Late Patrick Ifem Ezeuchegbu, Chief Mike Ifeanyi Ezenduka, Chief Cosmas Ozoemene Okpalla, Air Vice Marshal Canice Egbuna Umenwaliri (Rtd), Chief Aaron Okoli Ozigbo, Chief Paulinus Nnagboro Ezeibekwe and Chief Linus Matthew Ezenduka Ezeofor

What started like a small Bank in 1992 has now grown into a big progressive Microfinance Bank, Thanks to the pioneering efforts of the Promoters, Board Members, Management Staff and most especially our esteemed customers. The Future is still bright.

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