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Sincere Microfinance Bank is a reputable and goal oriented institution incorporated initially as Sincere Community Bank Limited, precisely in November 2003.
As a truly grass root bank, Sincere Microfinance Bank was originally promoted by members of staff of the Federal Polytechnic Offa who are also members of Sincere Multipurpose Cooperative Society, one of the leading cooperatives on the Campus of The Federal Polytechnic Offa and in Kwara State.
Although, owed substantially by the Polytechnic staff, the bank operated to serve the polytechnic community, the entire Offa Community and its environs meritoriously.
For four years after incorporation our bank operated successfully and got transformed into a full fledge Microfinance Bank in 2007, via the transformation policy of the Central Bank of Nigeria (CBN).
Today, with 24 well motivated and adequately equipped members of staff, Sincere Microfinance Bank operates at its corporate headquarters, No 246, Olofa Way, Offa.
As a unit Microfinance Bank, we commenced business with a share capital of Twenty Million Naira (N20,000,000.00) only and currently our share capital has increased to almost Fifty Million Naira (N50,000,000.00) only.