HASAL Microfinance Bank has paid out over N200 million in the last three years to its shareholders.

Managing Director of the bank, Mr. Rogers Nwoke, while assuring shareholders that the bank will continue to guarantee value to all investors, confirmed that Hasal in the last three years had been returning 40 Kobo for every ordinary share held.

Nwoke said the decision to form a Customer Multi-Purpose Cooperative Society was part of the bank’s Social Performance Initiatives aimed at making micro-business owners/entrepreneurs part owners of a thriving institution to ensure they are part of the banks’ success as this avails customers of the opportunity to grow their business as the bank grows.

The Managing Director noted that, when the bank launched HASAL MFB shares, “The Board and management felt it was important to give customers the opportunity to become shareholders of the bank. Today, those customers who purchased our shares have received millions of Naira in dividend for three years in a row.”