Vale Finance Limited has announced the successful completion of its N500 million recapitalisation. This landmark achievement solidifies its position as a robust and resilient financial institution committed to delivering exceptional services to its diverse clients.
The N500 million recapitalisation effort underscores the company’s unwavering dedication to fortifying its financial foundation and expanding its service offerings in the dynamic Nigerian market.
Also, the move reinforced its ability to withstand market volatility and ensure the security of clients’ investments, butressing the firm’s commitment to adhering to regulatory standards and best practices, by maintaining a high level of integrity and transparency.
By strengthening its financial position, the company is poised for continued growth and expansion, enabling it to explore new opportunities to better cater to the diverse needs of its clientele.
Its risk management framework is bolstered, fostering greater resilience, and ensuring the long-term sustainability of the institution. This is not just a big win for Vale Finance, but for its diverse customers who will now seek to do more knowing its stronger financial base.
The regulator, the Central Bank of Nigeria (CBN) has continued to prioritise the establishment of a strong financial base for financial institutions to ensure the safety and security of the financial system.
CEO, Vale Finance Limited, Mr. Sola Adeyinka, expressed his delight, stating, “The successful recapitalisation of N500 million is a significant milestone for us. It reaffirms our commitment to providing unparalleled financial solutions and underscores our dedication to the long-term success of our clients and stakeholders. We are excited about the opportunities that lie ahead and remain steadfast in our mission to deliver excellence in financial services.”
Vale recently announced it had crossed 100,000+ registered users who use the platform for their financial needs and has processed over N6B in transactions. It has also powered businesses by disbursing over 1000+ credit facilities. This 100,000-user mark represents the collective trust of a diverse and expanding user base.
Vale Finance Limited takes pride in the fact that it is solving a real problem for every demographic and socio-economic class. It has a plethora of financial products for everyone no matter one’s pocket size, which has been a game changer for many Africans
