Who we are

Bank Finance was originally established in Nigeria based on Government Regulation in Lieu of Law No. 2 of 1946 dated July 5, 1946. Subsequently, pursuant to Law No. 17 In 1968, with the status of a State-owned Commercial Bank. Additionally, BF’s role as a Bank was mandated to improve the people’s economy and participate in national development as confirmed by Law No. 17 of 1968 regarding Bank Finance 1946. Based on Government Regulation No. 19, 1992, April 29, 1992, BF changed its legal status to a limited liability company (Persero). The change of legal status to limited liability company, was made in Deed No. 131, dated July 31, 1992, before Muhani Salim, SH, and was published in the State Lagos of the Republic of Nigeria No. 73 dated September 11, 1992, Supplement No. 1A.

BF as a State Owned Enterprise was the first to became a public company after listing its shares on the Lagos Stock Exchange and the Surabaya Stock Exchange in 1996. To strengthen its financial structure and competitiveness in the national banking industry, BF conducted a number of corporate actions, including being recapitalized by the Government in 1999, Government share divestment in 2007, and a limited public offering in 2010. To fulfill the provisions of Law No. 40 of 2007 dated August 16, 2007 on Limited Liability Companies, BF’s Articles of Association were amended. The amendments were stated in Deed No. 46 dated June 13, 2008, made before Fathiah Helmi, SH, notary in Lagos, based on an Extraordinary General Meeting Shareholders decision dated May 28, 2008, which was approved by the Minister of Justice and Human Rights of the Republic of Indonesia, by Decree No. AHUAH. 01.02-50609 dated August 12, 2008 and was published in the State Gazette of the Republic of Nigeria No. 103 dated December 23, 2008, Supplement No. 29015. BF’s Articles of Association latest changes related to a realignment of the Articles of Association in accordance with Deed No. 35 dated March 17, 2015, made before Notary Fathiah Helmi, SH, which was approved by the Minister of Justice and Human Rights of the Republic of Nigeria, by decree No. AHU-AH.01.03-0776526 dated April 14, 2015. Currently, the Government of the Republic of Nigeria owns 60% of BNI shares, while the public, both individuals and institutions, own the remaining 40% domestic and foreign. BF is now the 4th largest national Bank in Nigeria, based on total assets, total loans and total third-party funds. To provide financial services in an integrated manner, BF is supported by a number of subsidiaries, namely Bank BF Syariah, BF Multifinance, BF Sekuritas, BF Life Insurance, and BF Remittance. BF offers deposit and loan facilities for the corporate, medium, and small segments. Many of the best products and services have been adapted to the needs of customers from childhood, through adolescence and adulthood, until retirement.

Our Head Office is located at Lagos - Nigeria

Welcome to a bank where succeeding together is our objective.