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African Development Bank (AfDB)French Agency for Development (AFD)The World BankEuropean Investment Bank (EIB)KFW Development Bank
who we are

About Development Bank of Nigeria

Development Bank of Nigeria exists to alleviate financing
constraints faced by Micro, Small and Medium Scale Enterprises
(MSMEs) in Nigeria.

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Dr. Tony Okpanachi

MANAGING DIRECTOR/CEO
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offerings

What We do

Partial Credit Risk Guarantees

Partial Credit Risk Guarantees

Participating Financial Institutions may opt to share risk with the Development Bank of Nigeria.

Partial Credit Risk Guarantees

Capacity Building

Technical Assistance will be provided to both the Participating Financial Institutions and the ultimate end borrowers.

Finance to Finance On-lending Scheme

This on-lending scheme designed specifically for Financial Institutions (FI) with lending operations to MSMEs.

Partial Credit Risk Guarantees

Long Term Finance Scheme for PFIs

The Long-Term Finance is provided to Participating Financial Institutions to support their long-term lending to MSMEs for a period of up to 10years.

Partial Credit Risk Guarantees

Achievement so far

How We Have Impacted

Our objective is to alleviate financing constraints faced by MSMEs and small Corporates in Nigeria through the provision of financing and partial credit guarantees to eligible financial intermediaries on a market-conforming and fully financially sustainable basis.

Number of Sub-loans

647.2b

Total Amount Disbursed

PFIs

32

PFIs





DBN Impact

324,223

Number of Sub-loans

Categories


  • Male
  • Female

Publications

Rapidly find all the working paper series or journals

Events

DBN International Women's Day Celebration 2024
Event

DBN International Women's Day Celebration 2024

DBN proudly celebrates International Women’s Day by hosting the DBN IWD 2024 event, embracing this year’s theme: Inspire Inclusion and highlighting DBN’s proactive lending initiatives for women. With some of the Bank’s PFIs onsite, offering expert advice and coordinating free health checks for market women at the Wuye Ultra Modern Market, the event is a true testament of DBN’s dedication to women’s economic empowerment. We invite you to join us work towards Inspiring Inclusion, while commemorating International Women's Day 2024. Let’s continue to empower women to thrive in business and beyond.
  • 8 March, 2024
  • Wuye Ultra Modern Market
DBN Annual Lecture Series 2023
Event

DBN Annual Lecture Series 2023

Since the discovery of the internet and its impact on human interaction and commerce, it has changed the dynamics of human coexistence. As an example, Facebook, Instagram, LinkedIn and other social platforms which started as a means of interaction between people now have commercial and advertising nodes to them, promoting not just social exchange, but also fulfilling an economic need through hyperlinking, interactivity and multimodality.
  • 30 November, 2023
  • Transcorp Hilton Abuja
Kano MSME Workshop 2023
Event

Kano MSME Workshop 2023

The MSME workshop in partnership with SDF and KCCI held in Kano was an eye-opening event for the MSME’s in Kano. The event has raised awareness on the mandates of the Development Bank of Nigeria and its commitment to financing business through provision of loans to MSMEs. The Development Bank of Nigeria also highlighted the onboarding of Non-Interest Banks such as JAIZ and TAJ Bank to bridge the financial divide that had for too long held the region back. The event has raised the hope of entrepreneurs that the Development Bank of Nigeria is committed to  enhancing the future of the MSMEs in kano and the northern region at large.
  • 3 August, 2023
  • Dangote Business School, Bayero University, Kano New Campus.
DBN Techpreneur Summit 2023
Event

DBN Techpreneur Summit 2023

Information and Communication Technology (ICT) is increasingly being recognized as a key enabler in promoting knowledge-based growth, creating jobs, and boosting long-term economic prosperity for both developed and developing countries. The Nigerian ICT sector contributed 15% to the nation’s GDP in 2020 and grew by 6.47% in Q1 2021, making it the fastest growing sector in the economy. The sector’s importance has also been recognized by the Federal Government which has organized several projects, such as the planned $500 million Nigeria Innovation Programme and the $20million BOI tech fund, to fund the sector.
  • 4 July, 2023
  • The Continental Hotel

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Development Bank of Nigeria exists to alleviate financing constraints faced by Micro, Small and Medium Scale Enterprises (MSMEs) in Nigeria through providing financing, partial credit guarantees and technical assistance to eligible financial intermediaries on a market-conforming and fully financially sustainable basis.

Quick Contact

head office

The Clan Place, Plot 1386A Tigris Crescent, Maitama, Abuja, Nigeria

  • +234 209 904 0000
  • info@devbankng.com

opening hours

  • 8am - 5pm, Monday - Friday
  • +234 209 904 0000

Liaison Office

Plot 952/953 Idejo Street, Victoria Island, Lagos, Nigeria

  • +234 201 906 4000