Omiye Microfinance Bank Limited started operation as a community bank incorporated and licensed to carry out community banking on September 12 1991.
The Bank operated for several years successfully as a community bank until the banking reform of 2006 when the bank decided to transform unto a microfinance Bank.
Omiye MFB was registered in Nigeria under the provisions of the Companies and Allied Matters Act CAP C20 LFN 2004 with registration number RC 165215.