Optimum Global has announced the acquisition of Mayfair Microfinance Bank, describing the transaction as part of a strategy to expand access to financial services for individuals, small businesses and underserved communities.
In a statement, the company said the acquisition followed the completion of relevant processes and regulatory engagements. It added that Mayfair Microfinance Bank was expected to resume operations under the new ownership, although no reopening date was specified.
Anosi Ikimalo, identified as a director at Optimum Global MFB, said the transaction would support the group’s plans to offer more accessible, reliable and customer-focused banking services.
The company said information about the resumption of operations, customer service channels and other transition arrangements would be communicated later. It thanked customers, business partners and other stakeholders for their patience during the ownership change.
The announcement did not disclose the acquisition price, the financial terms of the transaction or a detailed timetable for restarting services. Customers will therefore need to await formal operational guidance before relying on any proposed service changes.
