Education Template
Last Updated: February 12, 2026
Millennium Microfinance Bank (“the Bank”, “We”, “Us”, or “Our”) is committed to protecting your privacy and safeguarding your personal and financial information. This Privacy Policy explains how we collect, use, disclose, and protect your information when you access our website https://millenniummfb.com or use any of our digital banking services.
We may collect personal information including:
When you apply for loans or open accounts, we may collect financial records, transaction history, income details, credit information, and repayment data.
We use your information to:
We process your data in accordance with the Nigeria Data Protection Act (NDPA) and other applicable laws, based on:
We retain personal and financial data only as long as required by law or for legitimate business purposes. Banking regulations may require certain records to be retained for a minimum statutory period.
Retention Period: Your data is retained in accordance with CBN guidelines and applicable Nigerian laws.
We implement industry-standard technical and organizational security measures including encryption, access control, firewalls, and secure servers to protect your information. However, no system can guarantee absolute security.
Under applicable data protection laws, you have the right to:
Our services are not directed at individuals under 18 years of age. We do not knowingly collect personal information from minors without appropriate authorization.
Your data may be processed on secure servers located outside Nigeria where necessary. We ensure appropriate safeguards are implemented to protect your information.
We comply with NDPA requirements for cross-border data transfers.
Our website may contain links to third-party websites. We are not responsible for the privacy practices of those external websites.
We encourage you to review the privacy policies of any third-party sites you visit.
We may update this Privacy Policy periodically. Changes will be posted on this page with an updated effective date.
If you have questions or concerns regarding this Privacy Policy, please contact:
