Open an account today to access our Innovative products, Competitive Interest Rate, Ease of Banking, Excellent Customer Service, Interbank Transfers etc....

- About Us -

Our

Vision

To be a high value, customer oriented and award-winning microfinance Bank, providing unmatched financial service in Nigeria.

Read More

Our

Mission

To redefine standards, using latest technology with highly motivated human resources, increasing shareholders’ wealth and protecting the interest of all our stakeholders.

Read More

Our

Core Values

Integrity

Objectivity

Professionalism

Accountability

Fear of God

Read More

- Board of Directors -

Director 1

PROF. AHMED PARKER YERIMA (B.A., PGD,Ph.D)

Director

Prof. Ahmed Parker Yerima is a Professor of Theatre Arts and the Deputy Vice Chancellor of Redeemer’s University, Ede, Osun State. He is well grounded in his area of specialization (Theatre Arts) having won so many awards in the field. Some of the awards won are Life Time Achievement Award for Contribution to Theatre, Performance and Nigerian Literature by the Book Buzz Foundation and the Kaduna Government in 2019, Distinguished Alumnus Award, Faculty of Arts, Obafemi Awolowo University, 2015 , Ambassador of Nigerian Theatrical Music (ANTM), 2015, Leadership Award of Society of Nigeria Theatre Arts, 2009 amongst others. He had previously worked as Director-General National Troupe, National Theatre of Nigeria for three years till 2009, Director General, Abuja Carnival for three years till 2008, Artistic Director, National Troupe of Nigeria from 1991 to 2006. Prof. Yerima was a Visiting Professor at Obafemi Awolowo University between 2019 to 2020 a Professor at Kwara State University for two years till 2011, Visiting Professor at Nasarawa State University (2008-2011), Adjunct Associate Professor at University of Lagos (2006-2010) and so on. He is a Fellow of National Association of Nigerian Theatre Arts Practitioners (NANTAP), Fellow of Nigerian Academy of Letters (NAL). He was appointed a Director of RUN Microfinance Bank Limited in 2023. He is happily married with children.

Read More
Director 3

Dr. Dan Ogun

Director

Dr. Dan Ogun is a distinguished lawyer and accomplished public servant with a career spanning nearly four decades. Admitted to the Nigerian Bar in 1985, he holds a Ph.D. in Law and has developed extensive expertise across various legal domains. His judicial experience includes serving as Senior Magistrate in the Benue and Kogi State judiciaries. Transitioning to public service, Dr. Ogun rose to prominence as the Director of Programmes at the Directorate of Technical Cooperation in Africa, where he contributed significantly to policy development and program implementation. He also served as the Pioneer Director of Administration and Finance at the Institute of Peace and Conflict Resolution in Abuja and held the position of Legal Adviser and Company Secretary for Confluence Savings and Loans. In 2010, Dr. Ogun co-founded Triple A Microfinance Bank with some friends, where he served as Managing Director and CEO for a decade, leading the bank to prominence within the sector before retiring to private legal practice with Dr. Dan Ogun & Co., based in Abuja. Dr. Ogun is currently the Company Secretary and Legal Adviser for Microfinance Development Company Limited, an entity owned by the National Association of Microfinance Banks (NAMB). He is also the immediate past Secretary of the Board of Trustees of NAMB and is serving his second term as a member of the Redeemer’s University Board of Trustees. Dr Dan Ogun is a Fellow of the Chartered Institute of Administrators (FCA), an Associate Member of the Chartered Institute of Personnel Management (CIPM), a Certified Microfinance Banker and the Chairman of the RUN-MFB Board. Beyond his legal and corporate responsibilities, Dr. Ogun is a Pastor by calling who is deeply committed to his faith and the work of God. He serves as the Pastor-in-Charge of the Province of the Redeemed Christian Church of God in Abuja, where he actively contributes to spiritual leadership and Mentorship. Dr. Dan Ogun is married and is a proud father and grandfather, who values family and community as cornerstones of his life. Dr. Ogun’s extensive legal expertise, leadership in public service, and dedication to the work of God underscore his commitment to excellence and his impact in the legal and microfinance sectors in Nigeria as well as the Redeemed Christian of God.

Read More
Director 2

Pastor Vincent Kadiri

Director

Pastor Vincent Kadiri is an ordained Honorary Elder of Redeemed Christian Church of God. He was a General Manager at OBN (Nig,) Limited, an Executive Director (Production) at King David Insurance Co. Ltd. He is into Real Estate and School Management. As a real estate expert, he is the Chairman of K-Colett Estate Limited, Ogun State. As someone who believes in impacting knowledge to children, he is the Chairman of Collett Private School, Collet Secondary School based in Mowe, Ogun State and Collett Private School and Collett Model College based in Imeko, Ogun State. He was appointed a Director of RUN Microfinance Bank Limited in 2023. He is happily married with children.

Read More
Director 2

Mrs. Saliu Patience Osiorenoya (HND, BSc., MSc., ACA, ICMC)

Director

Mrs. Saliu Patience Osiorenoya is a Chartered Accountant and Ag. Bursar of Redeemer’s University, Ede, Osun State. She has HND Accountancy, BSc Accounting and MSc. Accounting from Redeemer’s University. She is a Chartered Accountant and Chartered Mediator and Conciliator. She has over 22 years working experience as an accountant with 19 years as accountant with Redeemer’s University. She had worked with Leventis Motors and Technical, Lagos State as Credit Control Officer for 3 years before joining Redeemer’s University as a pioneer accountant in charge of Pay-Roll. Mrs. Saliu had worked in almost all the departments in Bursary at Redeemer’s University, Ede, Osun State. She had won many laurels and awards in the course of her stewardship which include Certificate of Recognition for 10 years of outstanding service and contribution to the development of Redeemer’s University in 2015, Merit Award and Recognition for selfless commitment and meritorious service to Redeemer’s University Staff Cooperative Multipurpose Society Limited in 2013 and 2016, Best Senior Administrative and Technical staff of the year at Redeemer’s University in 2019 and other awards. She was appointed a Director of the Bank in the year 2023. She is happily married with children.

Read More

- More Products and Services -

Savings Account

RUN Savings Account

gives you the advantages of competitive interest rates and the availability of your funds, without forfeiture of interest in case of withdrawal. The account may be owned by an individual, an organization or an association. • Simple account opening process • Attractive interest rates • Statement of account (on request) • SMS Alert services • Email Alert services • No maintenance charges • Zero opening balance

Learn More
Loans

RUN Current Account

provides you with unlimited access to your money at all times. You can manage your business, execute your payments and receive your salary through this account. It is available to both individuals and corporate bodies. • Funds Transfer to all financial institution in Nigeria • Internal transfers free of charge • Encashment of cheques • Standing order transfers/payments • Free statement of account • Transparent transaction • SMS Alert services • Email Alert services • Zero opening balance

Learn More
Cards

RUN Fixed Deposit Account

allows you to fix your money for a chosen period of time and gain attractive interest rates. • Minimum amount of N100,000 • Competitive interest rates • Maturity 30 - 360 days • Flexible tenor • Fixed interest rate throughout the tenor (negotiable)

Learn More
Savings Account

Student Account

gives you the advantages of competitive interest rates and the availability of your funds, without forfeiture of interest in case of withdrawal. The account may be owned by an individual, an organization or an association. • Simple account opening process • Attractive interest rates • Statement of account (on request) • SMS Alert services • Email Alert services • No maintenance charges • Zero opening balance

Learn More
Loans

Group Loan

Disbursement starts from 1st day to last day of the month. Interest rate is 3% flat per month or 5% at a reducing balance. • Equity contribution of 15% of loan amount. • Minimum of 3 and maximum of 5 members in a group. • The amount of loan is minimum of 50,000 with an increase of N25,000 for second level and maximum of N100,000 per member on level 3 • A weekly repayment of loan with saving and interest will be collected by the credit officer/marketer during weekly meetings of the members • A registration of N2,000:00 to be collected for each member • An interest rate of 6.0% per month is applicable

Learn More
Cards

Daily Contribution

Disbursement Day starts from 1st of every month to last day of the month. Maximum of N250,000. Daily repayment with interest of 7.5% minimum. • Minimum amount of N100,000 • Competitive interest rates • Flexible tenor • Fixed interest rate throughout the tenor (negotiable)

Learn More