Largest Agricultural Financial Institution in Nigeria
The Bank is wholly owned by the Federal Government of Nigeria through the Federal Ministry of Finance Incorporated (MOFI) and Central Bank of Nigeria (CBN) in the ratio of 60%: 40% respectively
Bank of Agriculture (BOA) Limited was incorporated as Nigerian Agricultural Bank (NAB) in 1972 and became operational in 1973 to carry out the functions of a Development Finance Institution for the Agriculture and Rural Development sector.
Our Core Values
What we are all about
Professionalism
We adopt best practices using global standards in our operations with an experienced work force
Integrity
Our word is our bond and we keep to the execution of it according to our service policies
Innovation
We are dynamic and move along with modern trend in Agricultural Business
Customer Focus
We strive to see our customers in the Agricultural value chain succeed and become profitable
Key Mandate
The Bank’s Key Mandates are:
Provision of credit to support Agricultural and Non-Agricultural value chain activities
Capacity Development through promotion of co-operatives, agricultural information system, and the provision of technical and extension services
Provision of opportunity for self-employment in rural areas, thereby reducing rural-urban migration.
Provision of Financial Inclusion services.
What We
Stand for
Our Mission
To stimulate agriculture, improve lives and grow communities.
Our Vision
To be the foremost Development Finance Institution in Agricultural Value Chain Financing in Africa.
Our Strengths
Why work with Bank of Agriculture (BOA)
Nigeria’s largest development Finance Institution (DFI) in Agricultural Financing.
DFI with the highest operational coverage nationwide
Highest interface with small holder farmers.
Deep institutional knowledge of rural and agricultural financing.
Strategic partnership with stakeholders in Agri-business, national and international.
