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Bank of Agriculture

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Nigeria

Founded in

1972 (54 Years)

Founded

Last online: No recent activity

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OVERALL SCORE
Others
3/10
Reviews
47/90
13 reviews

Provided by TrustFinance

OVERALL SCORE
Others
3/10
Reviews
47/90
13 reviews

Provided by TrustFinance

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Regulated

TrustFinance

TrustFinance

(968 reviews)

foundedInSingapore

2020

(5 years)

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Company hasn't provided information.

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This company is currently Unproved.

Please be cautious of the potential risks!

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

Company Information

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Get to know Bank of Agriculture

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Company Information

Get to know Bank of Agriculture

Bank of Agriculture (BOA) is a Nigerian government-sponsored development bank supervised by the Central Bank of Nigeria (CBN). It was incorporated as Nigerian Agricultural Bank (NAB) in 1972 and later became the Nigerian Agricultural and Co-operative Bank (NACB) before its current name. The bank's primary mission is to provide sustainable agricultural and rural financing to support small, medium, and large-scale agricultural enterprises, thereby enhancing food security, alleviating poverty, and promoting rural economic growth across Nigeria. It offers a range of loan products and services tailored to farmers, cooperatives, and agribusinesses.

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Industry

  • Financial BankingPRIMARY
  • Financial Other Service

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Reviews

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A

aaronseth0000

Direct

Excellent

Overall Thought

The Nigerian Bank of Agriculture has greatly helped in the development of Nigerian Economy. Their Loans are easily accessable and almost intrest free. They also patner with other agriculture firms to make sure that their customers are been established in their agriculture businesses.

8月 19, 2023
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