Kayvee Microfinance Bank Delivers Remarkable Performance

Kayvee Microfinance Bank Limited reported impressive financial results for the year ending December 31, 2025, with profit before tax (PBT) reaching N1.01 billion, a significant increase from N371 million in 2024. The bank's improved efficiency and expanding operations were key drivers of this growth. Interest income surged to N3.10 billion from N954.8 million in the previous year, while profit after tax (PAT) climbed to N687.8 million, up from N227.9 million in 2024.

The bank's balance sheet expanded considerably during this period, with total assets rising to N12.45 billion in 2025, compared to N6.65 billion in 2024. Customer deposits also increased dramatically, reaching N10.01 billion by the end of 2025, up from N5.25 billion in 2024. These figures underscore growing customer confidence in the bank's stability and services.

Loans extended to customers grew to N5.87 billion in 2025, up from N3.27 billion in 2024, demonstrating the bank's commitment to its microfinance mission. Bank Management, led by Managing Director Mrs. Olatoun Ogunnaike, highlighted the bank's 160% growth in both PBT and PAT, attributing this success to the expansion of loan portfolios and overall performance enhancement.

The Chairman, Mr. Adebayo Ibileke, noted the strategic move to relocate the bank's Head Office to the former Ecobank building in Arena Market, Lagos, as a significant milestone. This decision reflects the bank's commitment to better serving its customers in a more suitable environment. Commenting on the performance, Non-Executive Director Mr. Ayoku Liadi praised the bank's growth trajectory under the leadership of the management team appointed in 2023.