The Bank of Industry Limited (BOI) is Nigeria’s oldest, largest and most successful development financing institution. It was reconstructed in 2001 out of the Nigerian Industrial Development Bank (NIDB) Limited, which was incorporated in 1964. The bank took off in[...] Date Posted: 22 Oct 2015
Locate Bank Of Industry address - 23 Marina Street, Lagos on Google map
About Bank Of Industry
The Bank of Industry Limited (BOI) is Nigeria’s oldest, largest and most successful development financing institution. It was reconstructed in 2001 out of the Nigerian Industrial Development Bank (NIDB) Limited, which was incorporated in 1964. The bank took off in 1964 with an authorized share capital of 2 million (GBP).
The International Finance Corporation which produced its pioneer Chief Executive held 75% of its equity along with a number of domestic and foreign private investors. Although the bank’s authorized share capital was initially set at N50 billion in the wake of NIDB’s reconstruction into BOI in 2001, it has been increased to 250 billion in order to put the bank in a better position to address the nation’s rising economic profile in line with its mandate.
Following a successful institutional, operational and financial restructuring programme embarked upon in 2002, the bank has transformed into an efficient, focused and profitable institution that is well placed to effectively carry out its primary mandate of providing long term financing to the industrial sector of the Nigerian economy.
BOI’s vision is “To be Africa’s leading Development Finance Institution operating under global best practices”
The bank’s mission is “To transform Nigeria’s industrial sector by providing financial and business support services to enterprises”
The Bank of Industry (BOI)’s Core Values (SPPIRIT!) are:
• Team Spirit
Enter your email to be the first to know about all jobs in Nigeria
Enter one word that best describes the job you are looking for
MyJobMag.com is a fast growing job website in Nigeria.
We assist job seekers by providing latest and verified job adverts and career information from employers and recruiters in all Nigerian states. We ensure candidates get to apply for insider job vacancies that go unadvertised both online and in newspapers. Our job services are FREE ie. we do not expect jobseekers to pay for our career services. Subscribe to MyJobMag via the following channels: email, Facebook, Twitter, Blackberry: