Licensed by the CBN
Baines Microfinance Bank Limited
This company is licensed by the Central Bank of Nigeria, so the FCCPC has waived separate digital-lender registration.
- Company
- Baines Microfinance Bank Limited
- Listed by FCCPC as
- N/A
- FCCPC remark
- THE COMPANY IS LICENSED BY THE CBN
Before you borrow: registration does not make a loan cheap. Check the total amount you will repay, never give an app access to your contacts or gallery, and report any harassment to the FCCPC.
FCCPC register last checked 24 October 2026. Names can differ slightly between the app store and the register; if in doubt, search the company name.
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Questions borrowers ask
Is Baines Microfinance Bank approved by the FCCPC?
As of the FCCPC register checked on 24 October 2026, Baines Microfinance Bank is listed as: Licensed by the CBN. This company is licensed by the Central Bank of Nigeria, so the FCCPC has waived separate digital-lender registration.
Who owns Baines Microfinance Bank?
The FCCPC register lists Baines Microfinance Bank under Baines Microfinance Bank Limited.
Is it safe to borrow from Baines Microfinance Bank?
It is allowed to lend, which is the first test. Before you borrow, check the total amount you will repay, read the fees, and never give a loan app access to your contacts or gallery.
What can I do if Baines Microfinance Bank harasses me or messages my contacts?
Keep screenshots of every message and call, do not pay anything you do not owe, and report it to the FCCPC. Shaming borrowers or contacting their friends and family breaks the FCCPC digital lending rules. You can also report it to KudiCompass so we can warn other borrowers.