10. REPORT FROM UNAAB MICROFINANCE BANK LIMITED

Council received from the UNAAB Micro-Finance Bank, the actual report of the recent target examination by the Central Bank of Nigeria (CBN) and UMFB’s response on the issues raised by the regulatory body

Council noted that this submission was in line with its earlier directives at its 65th Meeting that the actual report be presented instead of an analysis of the report as presented at the 65th Meeting.

Council noted the responses by the Bank’s Management with commendation that the Bank had done well and directed that the responses be passed to Central Bank of Nigeria (CBN)

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