Business
BIMFB Bags NGO Bank Of The Year Award
Blue International Micro-Finance Bank (BIMFB) in Nigeira has been awared the National Gold Quality Microfinance Bank 2009 award by the Quality Management Institute. BIFMBA was recently established as a Nigerian Micro-Finance Bank with Blue Financial Services and International Bank Ple as major Shareholder,
Len Pretorius, Managing Director, BIMFB said they were nominated based on various parameters such a international best practices, operational excellence, quality and focus leadership adding that the award recognizes them for delivering quality services.
BIMFB started its operatins I September 2008 to distribute and sell Blus’s Micro-Financing services products to Nigeria’s retail market through the Intercontinental Bank Nigeria branch infrastructure and stand alone branches Products offered in the Nigerian market include salary advance loans small business fincance and home improvement loans.
Blue Financial Services currently operates in 14 counrtries in African and is listed on the South African ALTXA and the Botswana Stock Exchange. The Group offers ethical and innovative financial services to formally employed but under banked and underserved employees.
Pretorious concludes that this award will enable BIMFB to maintain it equality services while ensuring continuous customers satisfaction in Nigeria.
Blue Finanacial Services Limited is a Pan-African Micro-Financier current one of the “big three listed micro-financiers in South Africa, Of the three Blue is only micro-finance with a significant presence outside of South Afria, currently operating in 14 other sounters on the continent.
Blue presently services its clients through 300 branches staffed by more than 3000 employees. The group offers formally employed people in the LSM 2.7 branches access to credit solutions such as small business loans. Salary advances home improvement loans Home loans and Insurance Blue is registered with the financial services.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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