OUR CUSTOMER SERVICE CHARTER

Putting our Customers First at All Times

The Bank of Industry Service Charter outlines the expected level of service for our stakeholders. The ultimate objective of the charter is to improve efficiency in service delivery to our customers and other stakeholders by providing professional responses to all enquiries and complaints; providing information in a timely manner and encouraging feedback to facilitate continual improvement in the Bank’s operational processes.

We recognize the fact that transformation is a multi-year journey, and for it to translate into practical terms it is important to put customers at the centre of the transformation equation. Our customers are also obliged to extend the same principles to their customers.

The Charter is also seen as the Bank’s contract with its customers to demonstrate its commitment to providing quality customer service through its people, processes and systems.

FAQs

Do you Have Questions? We Have Answers

What is BOI?

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.

What is the mandate of BOI?

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

What does BOI do for the Nigerian Industrial Sector?

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.

What sectors do the bank target for support?

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.

What type of projects does BOI finance?

Bank of industry primarily finances projects involved under manufacturing, production and agro processing.

What financial products and services does BOI provide?

The Bank of Industry provides both loans and special funds to enterprises in Nigeria.

Does BOI provide non-financial services?

The Bank of Industry provides business advisory, mentoring, capacity building services to enterprises in Nigeria.

Who is eligible for the non-financial services provided by BOI?

All customers are eligible to receive non-financial services.

Can I access BOI non-financial services without taking a loan?

No. BOI provides business advisory support to its customers who desiren to access its loans.

Who owns the Bank of Industry?

The Central Bank of Nigeria (CBN) and the Ministry of Finance Incorporated (MOFI) both own over 99% of the Bank’s shareholding.

How does BOI get funding/resources?

Bank of Industry gets funding from its shareholders and also raises funds from the international market.

Where is BOI located?

The Bank of Industry currently has offices in 29 states of the federation. The bank has presence in all the 6 geopolitical zones of the country.

CONTACT US

Address

23 Marina, Lagos, Nigeria

Phone

+234 700 225 5264

E-mail

customarecare@boi.ng

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