Committed to Transforming the Industrial Sector in Nigeria
The Bank of Industry Limited (BOI) is Nigeria’s oldest, largest and most successful development financing institution (DFI). It exists to facilitate the transformation of Nigeria’s industrial sector by providing financial and advisory support for the establishment of large, medium and small projects/ enterprises, and the expansion, diversification, rehabilitation and modernisation of existing enterprises.
This commitment has continuously driven us to develop innovative strategies, interventions and solutions that are propelling the Nigerian economy towards sustained growth. The Bank continues to support growth across various sectors including Agro and Food Processing, Creative Industries, Engineering and Technology, Healthcare and Petrochemicals, Oil and Gas, Renewable Energy and Solid Minerals; leveraging its 30 state offices nationwide.
Disbursements till Date
Number of Enterprises Supported
Total Jobs Created
WHO WE SERVE
Providing Business Support for Large, Medium, Small and Micro Enterprises
BOI provides financial and advisory support to all customer segments, through our directorates and partnerships. The Bank’s directorates are dedicated to providing finance for businesses across sectors of the economy responsible for driving sustainable development.
Loan Value: Maximum of ₦10m
Loan Value: From ₦10m- ₦2bn
WHAT WE OFFER
Development and Support to Specific Nigerian Sectors
58 Years of Economic Development and Support
Do you Have Questions? We Have Answers
Bank of Industry is Nigeria’s oldest, largest and most successful Development Finance Institution (DFI). Incorporated in 1959 as Investment Company of Nigeria (ICON), transformed into Nigerian Industrial Development Bank in 1964 and ultimately into Bank of Industry (BOI) in 2001.
Consequently, BOI’s mission is to enable the transformation of Nigeria’s industrial sector by providing financial and advisory support for;
1. The establishment of large, medium and small projects/enterprises, and
2. The expansion, diversification, rehabilitation and modernisation of existing enterprises.
BOI’s mandate is the transformation of Nigeria’s industrial sector by providing financial and advisory support for;
1. The establishment of large, medium and small projects/ enterprises, and
2. The expansion, diversification, rehabilitation and modernisation of existing enterprises
Bank of Industry encourages local industrial production and value creation through manufacturing, production and agro processing activities.
The Bank primarily provides financial assistance, as well as business advisory/ support services to enterprises.
Being a key implementing institution of the Federal Government’s economic plans, the sectors supported by the Bank of Industry are a reflection of the priority sectors targeted by the government. These include: Agriculture (Agro Processing and Food Processing), Solid Minerals, Creative Industry, Oil and Gas (Midstream and Upstream), Healthcare, Technology etc.
Bank of industry primarily finances projects involved under manufacturing, production and agro processing.
The Bank of Industry provides both loans and special funds to enterprises in Nigeria.
The Bank of Industry provides business advisory, mentoring, capacity building services to enterprises in Nigeria.
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Repository of economic insight and research
Access our extensive hub of economic insight, information, and research to learn about the intricacies of different Nigerian industries and how to improve your business performance.
Harnessing Strategic Partnerships and Promoting Development
BOI has also established strategic partnerships with key private, public & multilateral institutions towards enabling the bank to effectively achieve its mandate.
PARTNER WITH US
We believe that collaboration is necessary to achieve our goal of economic transformation through a diverse ecosystem of private and public partners. Working together, we can deliver more sustainable and equitable solutions and amplify our impact.